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Message: <blockquote data-quote="ABACUS" data-source="post: 13851572" data-attributes="member: 244887">The Excise Duty on all vehicles had gone up by between Rs.200,000 and  Rs.500,000 in the 2013 Budget thus greatly increasing the prices of all  vehicles, said Mahinda Sarathchandra the chairman of the Vehicle  Importers’ Association.Speaking to Daily Mirror, Sarathchandra said the price of a small car  such as a Maruti would go up by Rs.200,000 while models like the Toyota  Vitz would go up by between Rs.200,000 and 250,000,  depending on the  year of manufacture.He said the prices of vans and trucks would go up by some Rs.400,000,  and the prices of vehicles weighing more than five tonnes would go up by  between Rs.400,000 and Rs.500,000.Sarathchandra said the import tax on vehicle permits for government  employees had been increased by 10 to 20 percent. The import tax on  racing cars like go-carts had been reduced but the import tax on luxury  sports cars would remain the same, he said.He said the prices of locally assembled vehicles would not be increased as such vehicles were exempt from Excise Duty.Due to the increase in vehicle prices, vehicle traders will have to face  difficulties and they will find it difficult to sell the vehicles that  have been already imported, he said.<img src="http://www.dailymirror.lk/media/images/Vehicle-duty-600-1(1).jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" />Source : <a href="http://www.dailymirror.lk" target="_blank">www.dailymirror.lk</a>Thursday, 15 November 2012 08:58</blockquote>

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