Wednesday, August 1, 2018

Production Tax Imposed On Imported Small Cars Has Been Increased

The Ministry Of Finance has decided to increase the Production Tax imposed on small Cars with the Engine Capacity less than 1000cc.

Accordingly the Production Tax imposed on small cars with the Engine capacity less than 1000cc running with fuel will be increased by Rs.1.5 million and the production tax imposed on Hybrid cars will be increased by Rs.1.25 million it has been revealed.

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