Tax increased on petrol vehicles

25 April 2011 09:03 am - 81 - {{hitsCtrl.values.hits}}

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The excise duty on hybrid vehicles and petrol vehicles will see sharp increases, Customs and Treasury officials said.

Hybrid cars with engines below engine capacity1600 CC will see an imposition of 8 per-cent excise duty, according to Deputy Director General of Customs Ajantha Dias. For hybrid cars with engines above 1600 cubic centimeters excise duty will be increased to 24%.

Meanwhile on hybrids between 2000 to 3000 CC excise duty will go up close to 75% and above 3,000 CC to 100%.

Earlier, there was no excise duty on hybrid vehicles but only 15% tax and a 12% VAT. In the past two months about 3,000 hybrids have been imported into the country.

Meanwhile the excise duty on petrol vehicles less than 1000 CC will see an increase of about 38 per-cent from the previous rate between 23% while those between 1000 and 1500 CC will see an increase in excise duties of 43%. (Dianne Silva)

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Comments - 81

Yehiya-Doha Monday, 25 April 2011 12:44 PM

All the relativesimports are finished. No need for another two years.

Prof Wickramatillake Tuesday, 26 April 2011 10:53 AM

No money, so scrape the honest public, tax Govt servants, University staff. LEARNED HELPLESSNESS goes on

spark Monday, 25 April 2011 12:48 PM

The tax reduction was for the benefit of the Ministers who have all completed importation of vehicles. We buffaloes who vote for them did not realise this trick of the season.

Dul Monday, 25 April 2011 12:49 PM

Yes, do you think so called legislators care ? god save mother Lanka and its people

Saradial Tuesday, 26 April 2011 06:38 AM

I guess some one family business men has imported enough vehicle to sell in this year. Now he will get benefit of increased tax

KJ Tuesday, 26 April 2011 02:37 AM

Lapas... never regret being a SriLankan... but regret that we cant do anything for our SriLanka..

bash Monday, 25 April 2011 12:55 PM

Duty was reduced for all the regime supporters to import vehicles

dissa Monday, 25 April 2011 12:59 PM

I think they care. But the government needs revenue to support the poor, provide free health and education and the like. So its all about balancing priorities. I guess. I am not part of government.

Dham Monday, 25 April 2011 01:00 PM

That's SL, everything is changing exempt MR & RW

palithaeka Monday, 25 April 2011 01:16 PM

It is good to control import of individual transport vehicles. Government has no transport policy still not realized encouraging collective modes of transport.

arjuna Monday, 25 April 2011 01:20 PM

Consistency in government policy!!!!!

rajkay Monday, 25 April 2011 01:27 PM

why dont you vote for another 10 years. Good luck to Sinhales...........

KABAB Monday, 25 April 2011 01:26 PM

Who will use the highways?

sc Monday, 25 April 2011 01:43 PM

WHAT A COUNTRY TO BE !!!

Adrian Tuesday, 26 April 2011 07:11 AM

All good things come to an end.

eng Tuesday, 26 April 2011 07:26 AM

it is cubic centimeters which is a unit of volume to measure the cylinder capacity

SureshP Tuesday, 26 April 2011 07:27 AM

Wrong. "Cylinder capacity" is not a unit of measurement. When you say 1000CC, it means that the total disbursement of all cylinders is 1000 Cubic Centimetres or one litre

Dilanka Thursday, 05 April 2012 11:40 AM

Good decision and it help to save foreign exchange and to minimize expenditure on fuel. also Steps should be taken to control foreign exchange spent on imports.

P***ya Monday, 25 April 2011 02:18 PM

There are 225 Bulls are also available

Sicillian Monday, 25 April 2011 02:24 PM

My dear uneducated politicians; scientifically hybrid cars are good for the environment.

kapila Monday, 25 April 2011 09:16 AM

Chanda Gundu ...............................

nandana Monday, 25 April 2011 09:05 AM

Miracle of Asia!

ud Monday, 25 April 2011 09:27 AM

ela kiri!

Podi kolla Monday, 25 April 2011 09:28 AM

All elections are over.. now i dont care....

Cynic Monday, 25 April 2011 09:12 AM

A giant step backwards with regard to hybrid cars.

ranjith Monday, 25 April 2011 03:12 PM

We are living in a fool's paradise

DHA Monday, 25 April 2011 09:15 AM

Its good time to hire some bullock carts....

Ruwan Ferdinandez Monday, 25 April 2011 09:15 AM

It's a massive setback for all of us..the message is we don't give a two hoots to the environmental issues.

cars lover Tuesday, 26 April 2011 03:51 AM

dont go for shopping for .......,

shavantha Monday, 25 April 2011 09:15 AM

tax on electric cars should not be increased if the Gov wants to reduce pollution from petrol

Dushantha Tuesday, 26 April 2011 03:57 AM

Wow the best comment

chira perera Monday, 25 April 2011 09:17 AM

apperently as just updated by customs this is for only vehivcles below 1600 CC, all other above 1600 CC including hybrids old tax rates will remain....

Darwin Monday, 25 April 2011 09:34 AM

Sri Lanka's contribution to saving energy resources.

Darwin Monday, 25 April 2011 09:35 AM

Totally agree. The Chinthanaya solution to green energy.

Rajitha Monday, 25 April 2011 03:18 PM

you better go and live in a jungle!
car is not a luxury. it's a necessity

mw Monday, 25 April 2011 09:36 AM

its a good step ! otherwise we will face severe traffic conditions in the city

mw Monday, 25 April 2011 09:41 AM

Do you think they really care ?

Ibnu Bututa Monday, 25 April 2011 03:36 PM

All the politicians have already done their purchases of luxury vehicles. Blame Banki Moon for the tax increase.

TEVEZ Monday, 25 April 2011 09:42 AM

Japan gave me a loan and asked me to purchase 100,000 cars and now agreement is over.. so no more imports.. Wait till i get the 2nd loan.. MR.

s.T.F Monday, 25 April 2011 09:29 AM

Good one, too much of small cars.

kaputakukula Monday, 25 April 2011 09:35 AM

Yamu api bara karaththe

slfish Tuesday, 26 April 2011 04:06 AM

you already have one, don't you?

small man Monday, 25 April 2011 09:37 AM

So Luxury cars no change...yeah..the rich people have to be provided with all the benefits right?

sltk2004 Monday, 25 April 2011 09:53 AM

Great, so it does not affect the higher income guys...

Lakmal Monday, 25 April 2011 09:53 AM

1600 cc tax remain means what? We can undersatnd government plan.....

milliband Monday, 25 April 2011 09:44 AM

What about to politicians (MPS, Prasesiya MPS, secretories)

TC Monday, 25 April 2011 09:45 AM

Shall we organize another "IIFA" or a similar festival to bring down taxes. The Only Way!!!!

Lapas Monday, 25 April 2011 04:24 PM

Oh, What a Country, What a Government, I regret that I am a Sri Lankan

remo Monday, 25 April 2011 10:16 AM

why are they doing this now ??, they should exclude hybrid cars .
and from when is this effective ??, is there any link to gov sites about more info on this ??

Dee Monday, 25 April 2011 10:16 AM

I guess all the reqired imports have been made. Now is the time for the common man. Way to go.

Tin Monday, 25 April 2011 10:19 AM

So only 'podi miniha' will suffer?

webster Tuesday, 26 April 2011 04:26 AM

me lankaawane????wt to do...... :(

mokuth nodanna Monday, 25 April 2011 10:25 AM

Not only environmental and energy, but what about large amount of money on fuels? Hybrid is a good solution for excess fuel costs as a country.

DB Monday, 25 April 2011 10:31 AM

Come Banda Lets see Vesek!!!!

umesh Monday, 25 April 2011 10:36 AM

hit to the middle mans. well done maharaja well done. expect the backfire

Jet Lindsay Monday, 25 April 2011 05:51 PM

Hey guys take it easyyyyyyyyyyyy its the GOVT with the King you guys have voted in. ou al live in LA LA Land. Sri lankan way of thinking. Good luck citizens

Ramesh Monday, 25 April 2011 10:35 AM

Car seller making richer from this supitd decission

Hemantha Monday, 25 April 2011 10:41 AM

No mo LIMO........

Pats Monday, 25 April 2011 10:47 AM

No tax increase for diesel vehicles.
What a joke

Sampath Monday, 25 April 2011 10:52 AM

WOW,,, every time policies changed for personal interest.

Daminda Monday, 25 April 2011 10:51 AM

What is the policy of this government....yesterday where were we ...happy ..tomorrow we are crying...where should we go to get a consistentcy of this country

Viktor Monday, 25 April 2011 11:08 AM

Probably less duty for a stretch car limousine than a hybrid

JOSEPH Tuesday, 26 April 2011 05:06 AM

cc stands for cylinder capacity, not cubic centimetres

A.A Monday, 25 April 2011 11:08 AM

When No vehicles are seen in the country Reduce Tax.. When more good vehicles come back to the country then increase tax. What a policy!

rif Monday, 25 April 2011 11:09 AM

allowing know people to import , and increasing the duty
good policy ,

Desam Tuesday, 26 April 2011 05:07 AM

here u go , a Perfect assessment of yourself well done !!

sltk2004 Monday, 25 April 2011 11:23 AM

That's the way of life...

Punchi Banda Monday, 25 April 2011 11:24 AM

God bless my old 1300cc Volkswagen (1974).

IDOTS Monday, 25 April 2011 11:20 AM

We need Punnakku filling stations in the future.

Prarthana Monday, 25 April 2011 11:36 AM

With this type of tax fluctuations, in the next few years pls expect to see professionals migrate. For sure, government's next move will be increasing the interest rates... For sure, This is becoming the MIRACLE OF ASIA!!!!

lankaman Monday, 25 April 2011 11:50 AM

yep. it makes me believe the tax reprieve was to allow a selected group to benefit. they new in advance the window of opportunity which enabled them to have their finances ready on time.

Knight Rider Monday, 25 April 2011 11:59 AM

wow what a great way to motivate people to be more environmental friendly.

LMFAO Monday, 25 April 2011 11:59 AM

@chira perera
where did you find this update?

KJ Tuesday, 26 April 2011 12:51 AM

hahahahahaha... what "neguma" is this? across world for hybrid cars is tax free.. they wanted a green world and incentive for such.. but we do other way... our attitude and thinking are not different but our politicians are different to those who "think people"... good luck and god bless my srilanka..

Senior Citizen Tuesday, 26 April 2011 05:55 AM

Diesels are biggest polluters

rickeymartin Monday, 25 April 2011 12:14 PM

miracles happens....

polbaamoona Monday, 25 April 2011 12:17 PM

hahaha! What a joke?! The government is increasing tax for hybrid cars when taxes are lowered everywhere else in the world to encourage people to buy 'greener' cars. bad move!

Kan Tuesday, 26 April 2011 06:06 AM

yes imports over, now importers will make high profits as they knew the change in excise duty. Who are the importers? Must be politicians or their relatives, no one else.

prasad Tuesday, 26 April 2011 01:43 AM

Why is everyone blaming the government??? Who VOTED for them??? Blame YOURSELF.

Manesh Monday, 25 April 2011 12:32 PM

And full of bulls.

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Tax increased on petrol vehicles

Comments - 81

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