The Ministry of Finance has imposed New Import taxes for the Imported Vehicles. The new taxes will be implemented from the 1st of April 2012.

The New Tax Rates for Motor Vehicles in Srilanka

Capacity

Current Taxes

New Taxes

New Taxes for Hybrid cars
Less than 2000

51%

60%

2000 to 3000

75%

100%

More than 3000

100%

125%

New taxes for Petrol Cars
Less than 1000

120%

200%

1000 to 1600

129%

200%

1600 to 2000

136%

200%

2000 to 3000

154%

250%

More than 3000

189%

275%

New taxes for Diesel Cars
Less than 1600

180%

250%

1600 to 2000

250%

275%

2000 to 2500

267%

300%

More than 2500

291%

350%

Petrol Van
Passengers 13 to 20

103%

125%

Passengers less than 13

172%

200%

Diesel Van
Passengers 13 to 20

112%

125%

Passengers less than 13

230%

250%

New Taxes  for Three Wheelers
Petrol

51%

100%

Diesel

61%

100%

Electric

27%

50%

Motor Cycle

61%

100%

 

The Taxes has been increase to improve the local productions and the reduce more motor traffics into the cities.




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