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Vehicle importers call on government to regulate trade

15 December 2021 06:24 am - 7     - {{hitsCtrl.values.hits}}

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  • Point out need to streamline vehicle importation process to weed out “seasonal” importers
  • Express dissatisfaction over Budget 22 proposal to provide amnesty for illegally imported motor vehicles to be legally registered

The government was called on to regulate the importation of motor vehicles by the Vehicle Importers Association of Sri Lanka (VIASL), so that local consumers are safeguarded against “seasonal” importers and malpractices in the trade. 

The Association asserted the need to streamline importation of vehicles and formulate a mechanism to identify genuine importers so that the market is not disrupted when the government reverses its policy on the current import ban.

“Importation of motor vehicles is not regulated, hence carried out by various ‘seasonal’ importers whose identity is not discoverable after a few months. 

Due to insufficient restrictions, the number of individuals posing to be genuine importers on various platforms of advertising have committed various frauds and have obtained large advances from customers in order to import vehicles and have not returned them citing various reasons,” pointed out the VIASL in a statement to the media yesterday.

The Association reiterated that a mechanism must be in place to make certain that all vehicle importers are being monitored under various legal and ethical criteria. 

The VIASL expressed that it is of the view that the introduction of such a system would immediately boost government income tax revenue, which in turn could be used for the benefit of the general public. 

“This system will definitely reduce the dollar outflow due to the controls in place. Above all, Sri Lankan consumers will be protected from various fraudulent activities,” the association said.

Commenting on the policies outlined by the Budget 2022, the VIASL pointed out they are not in agreement with several proposals, some of which are the continuity of the import ban on vehicles, the imposition of Special Goods & Services Tax (SGST) on the motor trade, and the providing of an amnesty for illegally imported motor vehicles to be legally registered. The VIASL also frowned upon the possibility of implementing a US dollar import scheme as it would only worsen the current dollar crisis and lead to various malpractices. 

Meanwhile, the VIASL requested the government to consider the inputs and take on board the suggestions put forward since as veterans the Association is well aware of the manner in which the vehicle trade operates.

 


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  Comments - 7

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  • Cart Wednesday, 15 December 2021 10:13 AM

    Loosers ..... Keep whning ....

    Cassim Wednesday, 15 December 2021 10:15 AM

    certain people want to monopolize this, please don't regulate

    Sanath Wednesday, 15 December 2021 10:59 AM

    WE have enough vehicles on the road and also at car sales centers. More vehicle imports will choke up the road system.

    Eper Wednesday, 15 December 2021 11:46 AM

    Tax the vehicle owners, increase fual prices,charge cost of road maintenance and traffic costs from road users as it is unfair to burden the gereral public who do not use vehicles

    Gamaya Wednesday, 15 December 2021 02:32 PM

    Well it is the VIASL who didnt like the regulations, what is the point of shouting about it when you opposed to it previously? Change of heart?

    Be Fair Wednesday, 15 December 2021 04:40 PM

    Always deal with the Franchise Holders. You will never go wrong

    Annakkarage Peiris Thursday, 16 December 2021 02:28 PM

    Give more incentive to Electric Vehicle importers.


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