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Last Updated : 2024-05-11 03:39:00
2 February 2017 05:22 am - 6 - {{hitsCtrl.values.hits}}
The Finance Ministry was trying to grant permission to a businessman to import 2,500 vehicles parts to be re-assembled here for three years, against the rules and regulation that govern importing of vehicles, Vehicle Importers’ Association said yesterday.
They said the permission had been given to a vehicle spare part importer in Negombo to import any type of vehicles from any country with a 70 per cent duty concession.
“Also the Ministry has given permission to assemble the vehicles and to put them into the market. The proposal had been discussed in the Cabinet and it was not passed as two SLFP Ministers opposed it,” a spokesman for the Association said.
“However, the Finance Ministry is trying its best to pass the proposal in the Cabinet,” he said.
“This Government has introduced various duties and regulations, totalling 17 times, to discourage people from buying and importing vehicles,” he said.
Meanwhile, eight containers of vehicle parts had been seized by the Customs yesterday and the Finance Ministry had allegedly directed the Customs to release the containers immediately, he said.
Finance Ministry sources said the Finance Ministry had requested the Customs to release the containers as the owner (Vehicle Lanka Private Limited) of the consignment had been a registered customer.
“Vehicle Lanka Private Limited had been registered prior to imposition of new import regulations, while some other importers were not,” he said.
“His previous imports had been seized by the Customs and he had filed a lawsuit in the Supreme Court and the Court had granted permission to release and register the vehicles,” he added. (Chaturanga Pradeep)
Econamy Thursday, 02 February 2017 09:52 AM
Wouldn't it good for economy at long term. Creating direct and indirect employment in the country. So what is the fuss. Government should encourage this type of businesses. Customs draconian laws should be repealed. This discourages the vehicle importets. But overall customers will benefit
mm Thursday, 02 February 2017 09:57 AM
apoi deviyane why is this happening like this politicians are bloody thieves without a conscience. how ever much money you make your grave and the poor mans grave will be the same size. but RKs will be bigger. via DM iOS App
Some Thursday, 02 February 2017 10:01 AM
Wow what a finance ministry we have now...
Egad Thursday, 02 February 2017 01:35 PM
This same company had been raided by Police in Panadura and found several illegally assembled vehicles as given in another News item above. What is Finance Ministry doing, are they encouraging it loosing lot of tax revenue. President pl intervene and stop it.
Don Thursday, 02 February 2017 02:09 PM
This practice creates jobs but the buyers need to be aware that the vehicles are assembled here. For the jobs it creates a tax concession should be allowed only if the vehicle is not harmful to the environment. via DM Android App
Soma Thursday, 02 February 2017 05:32 PM
The best in Asia
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