Vehicle price to increase due to luxury tax

Sri_Sampath

Well-known member
  • Jan 26, 2010
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    After imposing the luxury tax for a vehicle with an engine capacity of 1500cc will cost Rs.6.70 million.

    Association's Secretary Prasad Kulatunga said the prices of vehicles imported from Europe will be increased accordingly.

    He said this luxury tax was imposed only on vehicles with a cylinder capacity of 1800 cc so far.

    මොකක්ද ඔය 1800 cc වල කතාව .
    Luxury tax gahawwe cif value එක 3.5 M වලට වඩා වැඩි ඒවට නෙවෙයි da
     

    Sri_Sampath

    Well-known member
  • Jan 26, 2010
    14,729
    12,754
    113
    The Vehicle Importers Association of Sri Lanka (VIASL) yesterday said, for the first time in the vehicle import history, a new luxury tax has been imposed apart from the Customs duty, if manufacturing cost of a vehicle exceeds Rs.3.5 million.

    Speaking to the media yesterday, VIASL Chairman Ranjan Peiris said this new procedure has been introduced along with the new budget proposal which was presented in parliament.

    “After converting the manufacturing cost of a vehicle into Sri Lankan currency, and if the value exceeds Rs.3.5 million, all the vehicles will fall under the luxury tax.

    http://www.dailymirror.lk/breaking_...e-cost-exceeds-Rs-3-5mn:-importers/108-163538

    මේකෙ තියන විදියට cif value එක 35 කට වැඩි ඒවාට නේද tax එක වදින්නේ .

    😑