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Vehicle import levies to be applied after Budget: Ravi

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5 October 2015 02:24 pm - 17     - {{hitsCtrl.values.hits}}

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The import duty rates on vehicles, to be imposed in this year’s Budget, would be applied to all the vehicles that reach Sri Lankan shores after the budget was produced, Finance Minister Ravi Karunanayake said today.

He said many people had criticized last year that they were not informed beforehand when the previous government imposed taxes on imported vehicles.

“We decided to make this announcement as we were subjected to heavy criticism last year. We didn’t ask anyone not to send any vehicles to Sri Lanka till the budget is presented,” he said.

The government increased import duties on some categories of vehicles and the new rates were changed from the vehicles that arrived in the Sri Lanka ports after the budget date in early 2015 and the new rates were charged even though the vehicles were sent prior to the Budget. (Yohan Perera)

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  Comments - 17

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  • asanka Tuesday, 06 October 2015 09:45 AM

    before that please go to India and ask them to not to send three-wheelers and cars to Sri Lanka, at lease Japanese vehicles are good in quality and safety standards also high.

    Realist Monday, 12 October 2015 09:06 AM

    More taxes on the middle class? Are you an idiot or a politician? Oh wait...

    Sapu Tuesday, 06 October 2015 04:27 PM

    Too much cars are bad, we need to spend more on Public trasnport

    Ryan Tuesday, 06 October 2015 04:26 PM

    1000000% correct

    GAM Tuesday, 06 October 2015 01:45 PM

    Why is that, small people trying to buy a small vehicle has to pay a huge tax?Pissude, hatide?

    Chanika Tuesday, 06 October 2015 01:33 PM

    I suggest to increase vehicle revenue licence fee. It has to be more than Rs. 50,000 with a compulsary 3rd party insurance cover and an ambulance cover for transporting injured people to hospitals and removal damage vehicles from the road. This will cover the cost of Police inspection and towing charges as well.

    Ajmal Tuesday, 06 October 2015 12:47 PM

    Pl impose a huge tax of Rs 1.5 million minimum on vehicle import on each vehicle especially those Batta vehicles like Maruti, Suzuki etc . Further taxes on running during 8.00 to 9.00 a,m.12.00 to 2.00 p.m. and 5.30 to 6.30 p.m. could be imposed "Singapore Style" to reduce congestion.

    Rasheed Tuesday, 06 October 2015 11:37 AM

    Our PM promised car for everyone, but now even to own a push Bycycle is dream.

    Premalal Tuesday, 06 October 2015 09:53 AM

    We the people who are lesser mortals will have to pay but the man who imposes it and his fellow higher mortals will get tax free and on the easiest payment terms interest free. All in the name public service. No wonder people leave this country in droves. Hard work only make you run faster but at the same place. Until we get an unselfish set of people to run the country we will always be slaves.

    karu Monday, 05 October 2015 09:33 PM

    The Japanese with their brains give us the vehicles at a fair price. Sri Lankan policy makers seated in air con rooms apply heavy taxes for easy money,

    hitler Tuesday, 06 October 2015 09:27 AM

    its okay baby now increase taxes is MR responsible now

    de silva Tuesday, 06 October 2015 09:05 AM

    But duties should be applied to vehicles cc capacity is above 1500 and duties for hybrid vehicles and E vehicles should be reduced.

    ibadun Tuesday, 06 October 2015 08:55 AM

    do you guys remember ...there was a election campaign that a couple was talking about buying an own car once UNP come to power.....

    OMG Tuesday, 06 October 2015 08:00 AM

    Rather than lamenting about the import of vehicles why not introduce some decent buses so that we can use the public transport and leave the vehicles behind.

    Jonson Tuesday, 06 October 2015 07:53 AM

    Simon became Jonson, after the Yahapaalanya Clan came to power, anything will accept.

    simon Tuesday, 06 October 2015 03:09 AM

    It is OK now because you made an early announcement !

    Observer Monday, 05 October 2015 11:17 PM

    Decisions appear to be wayward and not studied and firm decisions. via DM Android App


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