Monday, April 25, 2011

Treasury Has Increased Taxes Imposed On Certain Cars And Tri Shaws

The Treasury has increased the total taxes on Cars below 1000 CC ,1000-1600 CC and Tri Shaws with effect from 21st of April .

According to this tax increase total taxes imposed on Cars below 1000 CC increased from 95 to 120 percent ,for 1000-1600 CC to be increased from 119 to 128 percent and taxes on tri shaw by 38 to 50 percent the treasury has announced.However the total taxes on all the petrol and diesal cars above 1600 CC will not subjected for increase according to the Department of Customs.

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