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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