The taxes of vehicles below 1000cc category have been increased with immediate effect from 01 August following a gazette notification signed by Finanace Minister Mangala Samaraweera to amend relavant regulations, the Finance Ministry said today.
In keeping up with the amended regulations, a unit tax of 1.5 million rupees will be taxed for a motor car below 1000cc while a unit tax of 1.25 million rupees will be taxed for an electric car below 1000cc. These new taxes will not be applied to vehicles that opened Letter of Credit before 01 August 2018 and will be cleared before 31 January 2019.
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Customs have detected 228 mobile phones and tabs valued at over Rs 30 million left behind in the duty free shopping complex at the Banaranaike International Airport today, Customs officials said.
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