Vehicle price to increase due to luxury tax: Vehicle importers

4 November 2019 08:31 am - 5     - {{hitsCtrl.values.hits}}

A A A

The prices of vehicles presently valued around Rs. 3.5 million will be doubled effective from November 1 because of the luxury tax imposed, Sri Lanka Motor Vehicles importers’ Association said.

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. (Jayantha Samarakoon)

 

  Comments - 5

  • Kumara Monday, 04 November 2019 09:44 AM

    Obviously. Mentioning brands and models was very unethical

    DHA Monday, 04 November 2019 09:48 AM

    Not at all worth buying vehicles at that price....

    Saranga Walimuni Monday, 04 November 2019 12:17 PM

    This is pure madness

    Lord Wolfstein Monday, 04 November 2019 02:20 PM

    If that luxury tax benefits the poor then that's fine

    damayanthi Monday, 04 November 2019 02:30 PM

    if parliamentarians had to pay vehicle tax, this would miraculously come down. how ironic, that we go in the bus and pay for them to drive by in luxury


Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment




Kenneth De Zilwa to head Central Bank’s FSSCC

Senior economist Dr. Kenneth De Zilwa has been invited to take over the Chair

New Parliament must comply with COVID-19 guidelines: Dr. Jasinghe

Parliament heads and Director General of Health Services Dr. Anil Jasinghe ye

Group of SJB members will join UNP after polls: Akila

A group of Samagi Jana Balawegaya (SJB) candidates will join the UNP after th

PC polls before end of this year: GL

The Provincial Council (PC) Elections which has been delayed for several year