Last Updated : 16-09-2014 20:13

 
 

Video: Vehicle prices going up

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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. (Chaturanga Pradeep)


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Comments 

 
-9+193 # IHM 2012-11-15 09:47
How about Bullock Carts ... only solution in Wonder of Asia
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-2+91 # SK 2012-11-15 10:18
Government is looking for some machines, which they will fix to human and count the walking distance. So you have to pay taxes for every step u keep. Guys get ready, sooner this will happen.
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-2+104 # The Goblin 2012-11-15 10:20
Agree, the best mode of transport next to racing cars.
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-2+33 # SL 2012-11-15 18:28
but babies can have sports cars with no taxes!!
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-1+26 # meranchi 2012-11-15 18:58
why not push cycle less expencess ...i
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-0+23 # meranchi 2012-11-15 19:06
ape gona apita hodai.....i Ranil
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-5+88 # Minister 2012-11-15 10:12
This indicates beyond any doubt the economic conditions of the country is badly deteriorating!
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-3+108 # perere 2012-11-15 10:25
funny policies. Government should be more people friendly than this. we vote for them and and we are punished for the same.
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-1+35 # Prof Wickramatillake 2012-11-15 18:56
All those who voted shall be punished - Chintana's ten Commandments
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-1+58 # lk 2012-11-15 10:34
so Go carts are exempted? wow!
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-49+32 # perera 2012-11-15 11:05
may be it is time for vehicle importers to look at other businesses like cheap affordable food for the people than whinging and crying about these.
alternatively ;look for another job.

the roads in sri lanka are too congested anyway. do we need more polluting vehicles
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-2+92 # jayantha silva 2012-11-15 12:13
How about asking the politicians to set an example by getting rid of their back up, and using smaller vehicles ? Most of them did'nt even have a push bike before they got into politics.
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-0+24 # Potta Sunil 2012-11-15 19:14
They don't even deserve a motor cycle, let them travel by bus and know how the common man feels.
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-2+27 # Qiniz 2012-11-15 11:39
vehicle bussiness going down...........
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-1+66 # ANTON 2012-11-15 11:40
No problem for ministers, they are getting vehicles free.
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-2+81 # safo 2012-11-15 12:51
Anton - please allow me to re correct you.... we pay for their vehicles - (taxes)
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-2+69 # priyantha 2012-11-15 12:29
Mekai aluth chinathe. you fools deserve this n more!
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-2+56 # Pathum 2012-11-15 12:47
By any chance, can we ride a go-cart for work? :D If so, this can make a huge impact on the day-to-day transport. Imagine a family with 4-5 go-carts, leaving home at the same time and having a mini races until there destinations.
After all, transportation will not be boring anymore. :D
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-7+24 # Managala 2012-11-15 12:53
this is to avoid flow of money outside the country bad economic status
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-1+18 # SL 2012-11-15 18:32
then why they are going to cut the taxes on sport cars costing in corors?.this is just to satisfy his car loving son
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-0+5 # roadrunner 2012-11-16 06:17
200% agree.
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-1+12 # Fernando 2012-11-15 18:15
This is call wonder of Asia.very shame about these things.
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-0+9 # Bush AYYA 2012-11-15 18:25
ayyo man order karapu marutiya , kiyala wedak na
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-3+30 # dave 2012-11-15 18:27
Why people of Sri Lanka does not recognize Mr. Ranil Wickremasinghe?
He has got the right solutions for Economy recovery and the genuine development.
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-0+1 # Wasa 2012-11-16 13:53
Dave,,,, What a comment............DURING HIS 2 YEARS HE PROVED WHO IS HE.......... But our Bullshits voting for who gives DANSAL during the election period....... "Google DANSALA - Kottawa is the best example
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-18+4 # Anthony 2012-11-15 18:39
Good work govt of srilanka. Taxes built the country. Tax the rich and build the country.
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-0+9 # SL 2012-11-15 18:43
They were harassing us like nothing we as Exporters from Japan . Hope Japanese government will interfere byway of reducing loans to Sri Lanka.
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-0+9 # Thevy 2012-11-15 19:13
What about Politicos vehicles' duty?
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-8+3 # Curious 2012-11-15 19:22
We have too many vehicles in a small country and this could be experienced when you are on the roads.
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-1+3 # senavi 2012-11-15 21:35
and to import these vehicles we are using dollars earned by poor blue collar workers like housemaids
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-1+5 # common sense 2012-11-15 19:55
i'm gonna buy a gocart and i think that's cool . thanks mr president i love you
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-0+0 # Asif 2012-11-15 21:55
Bullock cart and push cycle is the answer for pollution free society or even walking is better for health.
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-0+7 # Rahu 2012-11-15 22:03
He will be re-elected again when the next election comes. Thats why he kept the name "Miracle in Asia "
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-0+2 # gamarala 2012-11-16 05:07
milk evey penny out of the public and live happily everafter.
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-0+1 # richardson 2012-11-16 05:19
Only the Ministers can give their sons, sports cars as gifts.

Majority of Sri Lankans will get really upset if the prices go up.
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-0+4 # Samantha 2012-11-16 06:22
Vehicles are not luxury item in rest of the world except in Sri Lanka We need to pay 3 times higher than other countries normal prices
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-0+4 # Fabulous 2012-11-16 06:24
We as a sensible Citizens, should all get together and protest this kind of moves. How can the people afford this, this is pushing the middle class to poor status.
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-0+0 # OMG 2012-11-16 11:36
I am selling my Tata Batta and buying a racing car.
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-0+0 # Kaushal 2012-11-17 12:02
It is something should have been done such like a small country.The result would be effected long term wise in the future.
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