The customs duty on motorcars would decrease by around 20 to 25 per cent and on vans by around 25 to 65 percent due to the new tax amendments imposed through the 2015 Budget proposals, says the Deputy Secretary to the Finance Ministry.
Finance Ministry Deputy Secretary S.R. Attygalle told adaderanabiz.lk that these Budget proposals would be effective from midnight today (24 October) and that the prices of motorcars and vans would definitely decrease.
“A special tax has been introduced through this Budget which includes all the duties in the import of motorcars and vans. Hence, the prices of these vehicles would definitely decrease,” says Mr. Attygalle.
According to this new tax amendment, the 202 per cent duty on the import of motor camotor cars below 1000 cc engine capacity has been reduced to 173 per cent. Accordingly, the import duty on small motorcars would decrees by around 29 per cent.
Where vans are concerned, the 175 per cent duty on cargo vans and the 126 per cent duty on 13 to 20 seater vans have been slashed by 100 per cent.
Source: Adaderana News
VAT to be reduced to 11% – payee tax limited to 16% – See more at:
Prius MAX MPG Secrets. Complete tutorial on how to drive the third generation Prius for MAX MPG. Also pertains to other Prius year models.
Cambrian Motor Show 2014 will be held on the 7th and 8th of June 2014 organized by the Prince of Wales’ College Old Boys’ Association in bringing to Moratuwa a new dimension in Motor Shows and Exhibitions. Stalls available for new traders on a daily basis. Call Indrajith – 0777-113318.
Motor Vehicle Agents & Companies
Motor Bike, Trishaw & Bicycles
The Sri Lankan Insurance Fraternity
Banks, Leasing & Financial Institutions
Car Detailing, Automotive Paints
Spare Parts, Body kit & Other Accessories
Tire, Battery & wheels Suppliers
Lubricants & Automotive products
Automobile Educational Institutes
Car Care Products
Technology, Mobile & Beverage Partners
Government Institutions/ Police CCTV Division/
Association & Trade organization/ Vehicle Importers Association of Lanka
Vintage Cars/ Classic Cars Association/ Automobile Association of Ceylon
Break down Services and so many other related retailers
Service providers will be afforded the opportunity of marketing their products.
CAMBRIAN RIYA POLA – රියපොල Free, Buy, Sell, Vehicles, Cars, Vans, Motorbikes
Classic Cars and Vintage Cars will be displayed at Cambrian Motor Show revealing the priceless cars of yesteryear. Parades, Stunt Riding by Motor Cyclists and other interesting events will be a huge attraction.
Food and Beverage
Cambrians Motor Show 2014 will be an outing which will be enjoyed by the whole family. Other than the main theme which focuses on motor vehicles, there will be Food and Beverage stalls.
Facebook Event Page
Toyota Motor Corporation is recalling more than half of the Prius vehicles ever sold to fix a software glitch.
Toyota Lanka, the only authorized agent of Toyota Motor Corporation in Sri Lanka, will carry out the motor generator ECU and power management control ECU reflash Free-of-charge for all Prius Owners regardless if you purchased the vehicle from Toyota Lanka or NOT.
The software update is estimated to take around 40 minutes. But if the update isn’t successful, the control module would then need to be replaced, a fix taking about three hours.
First time in Sri Lanka, 100% Electric Car – NISSAN LEAF
The first 100 per cent electric Nissan Leaf will hit Sri Lankan roads promoting the green concept and ensuring significant fuel savings.
The electricity bill will be around Rs. 350 (per charge) and it is very cheap compared to the price of petrol or diesel, he added. The cost per kilometre will be around Rs. 2.00.
“The price of Nissan Leaf ranges from Rs.4.2 million and upwards,” he added. “The regular maintenance schedule on this is almost nothing,” he said.
The Nissan Leaf is an all-electric car that was recognised as the 2011 World Car of the Year. The car is emblematic of the “no gas, no tailpipe” zero-emission era.
The Nissan Leaf is a medium-size hatchback with cargo space and seating for five adults. It has a range of 160 kilometres on one full charge, he revealed.
The Nissan Leaf also includes six air bags, four wheel anti-lock braking system, vehicle dynamic control and a traction control system. Because there’s no traditional engine, the Nissan Leaf is ultra-quiet, and for safety reasons, a sound had to be added so pedestrians could hear the car coming, he said.
Powered by a lithiumion battery, the Nissan Leaf generates 107 horsepower.
The electricity in houses could be used to charge the car battery and it will take 15 minutes for a full charge. French carmaker Renault and its Japanese partner Nissan were instrumental in introducing Nissan Leaf. The United States is the top market for the Leaf, which is the world’s best-selling electric car.
2013 Nissan LEAF – Test Drive and Review