- Last Update 2024-08-28 10:22:00
Vehicle prices to rise due to production tax in Budget 2019 : Vehicle Importers Association
The prices of vehicles will go up if the production taxes on petrol and hybrid vehicles are imposed according to this year's budget, Chairman of the Vehicle Importers Association of Sri Lanka, Sampath Merenchige said.
He pointed out that the cost of a Wagon R vehicle would go up by Rs 250,000 while the cost of Alto cars would be increased by Rs 150,000.
Mr. Merenchige added that Axio cars would also be increased by Rs 600,000 in addition to the prices of Premier and CHR vehicles which would escalate by Rs 700,000.
Further, he said that measures would be taken to inform the people on whether the Luxury Tax which has been introduced in the budget, would have an impact on the prices of luxury vehicles.
Related story
BUDGET 2019 : Production tax on vehicles increased
-
Still No Comments Posted.
- August 22, 2024 - 198 - 0
SC orders immediate LG elections; cites voter rights violation
The Supreme Court of Sri Lanka has ordered the Election Commission to immediately proceed with the postponed Local Government Elections.
- August 21, 2024 - 185 - 0
Thalatha resigns from Parliament
Ratnapura District Samagi Jana Balawegaya (SJB) MP Thalatha Athukorala has informed Parliament that she decides to resign from her position as Member of Parliament.
- August 22, 2024 - 147 - 0
Australia’s United Petroleum to commence retail operations from Sep.
United Petroleum (UP) was launched in Sri Lanka today and will commence retail fuel operations in September with 150 dealer owned and operated fuel stations.
Related Articles
Cabinet approves EDB-IFC agreement to boost SME exports
- 28/08/2024 - 1 - 0
O/L exam results expected within two weeks: Minister
- 28/08/2024 - 16 - 0
Sri Lanka Law College unveils new digital platform to enhance legal education
- 27/08/2024 - 14 - 0
Ranil to unveil his manifesto on Thursday
- 27/08/2024 - 28 - 0
Leave Comments