Treasury Amended The Vehicle Imports Circular For MP'S

The Government Treasury has amended the Vehicle Imports Circular which enable more Parliamentarians to Import vehicles for their private use with 18 percent Duty Concession.According to the new amendment MP's can purchase Vehicles up to US Dollars 50,000 from an International Market with the duty concession and Bank of Ceylon will provides Rs.5,000,000 bank loan for each of them.

Before the amendment only 69 MP's got the Duty Concession Vehicle Permits to import Vehicles from an International Market.