The prices of cars above 1000cc engine capacity and three wheeler s will be increased as a result of increasing the minimum rate tax imposed on vehicles with effect from midnight yesterday(26) according to Sri Lanka Vehicle Importers Association.
According to the new tax increase the taxes of the Toyota Prius vehicle will be increased from Rs. 3,300,000 to Rs.7,200,000,the taxes of Nissan X Trail vehicle will be increased from Rs.4,000,000 to Rs.8,000,000 and taxes of three wheeler will be increased up to Rs.400,000 the Association has stated.
The minimum tax imposed on a vehicle with 1500cc engine capacity is Rs.3000 and vehicle with 1500-1600 cc engine capacity is one unit Rs.3500 and from there on Rs.4000 it has been revealed.
The prices of vans and lorries will not increase as they are not subjected to the tax increase.
According to the new tax increase the taxes of the Toyota Prius vehicle will be increased from Rs. 3,300,000 to Rs.7,200,000,the taxes of Nissan X Trail vehicle will be increased from Rs.4,000,000 to Rs.8,000,000 and taxes of three wheeler will be increased up to Rs.400,000 the Association has stated.
The minimum tax imposed on a vehicle with 1500cc engine capacity is Rs.3000 and vehicle with 1500-1600 cc engine capacity is one unit Rs.3500 and from there on Rs.4000 it has been revealed.
The prices of vans and lorries will not increase as they are not subjected to the tax increase.
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