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Import Duty increased on vehicles below 1000cc

(UTV|COLOMBO) The Finance Ministry on Wednesday (01) increased the Import Duty on vehicles which are less than 1000cc with effect from today.

Accordingly, the Import Duty on normal vehicles less than 1000cc has been increased up to Rs. 1.5 million, while the duty on Hybrid vehicles less than 1000cc is increased up to Rs. 1.25 million.

Vehicles imported prior to the aforementioned date will be subjected to the previous tax based on the engine capacity.

 

 

 

 

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