Posts filed under ‘Sri Lankan Economy’
Tax on Motor Vehicles Increased
The Government has revised taxes on cars, three-wheelers and motorbikes effective from today (31 March 2012) in a move to reduce import costs and motor vehicle imports.
Tax on Motor vehicles which include cars, vans, trishaws and motor bicycles have been increased with immediate effect. The Ministry of Finance and Planning announced today that the increase was made to ensure a drop in the vehicles imported to the country in order to reduce the high traffic congestions prevalent. The Ministry also said that this move will help bring down the use of fuel by motorists.
The classifications of the Tax have been made to correspond with the engine capacity of the vehicles. Hybrid vehicle production taxes below 1000CC have been increased by 14 % with tax for all hybrids above 3000CC being increased by 57%.
Production duties for cars and vans have been classified into the fuel type used together with the engine capacity. The tax for cars that use Petrol under 1000CC have been increased by 85% with cars having an engine capacity of over 3000CC being increased by 129%. The category between 1000 CC to 2000 CC have also been increased by 85%.
Production duties on Diesel cars have been increased from upto 114% to 173% to correspond with the engine capacity.
Import duty on vehicle spare parts have also been increased to correspond the highest value on either Specific Duty or Advolarum Duty disbanding the previous method of taxation on spare parts.
However there has been no change in the tax imposed on tractors, busses and Lorries.
Download (PDF) ප්රවෘත්ති නිවේදනය 
Like this:
Porsche Panamera – Hybrid Now is Sri Lanka
The combustion engine is assisted by a 47 hp electric motor incorporated between the transmission and the engine. The motor is supplied by a high-voltage nickel-metal hydride battery located below the floor of the rear luggage compartment.
Together, the two units develop a maximum total system output of 380 hp and a maximum system torque of 428 lb.-ft. and accelerate the Panamera S Hybrid from 0-60 mph in 5.7 seconds. Top track speed is 167 mph. This is achieved with fuel consumption of just 7.1 l/100 km.
The interplay between combustion engine, electric motor and high-voltage battery is regulated by the electronic engine management system. It engages and disengages the combustion engine by means of a specially developed separating coupling. Thanks to the rapid-action separating coupling and the equally fast response of the combustion engine, these processes are performed comfortably and smoothly. You do not need to adapt to the system.
Panamera S Hybrid: Fuel consumption* in (l/100 km) urban 7.6 · extra urban 6.8 · combined 7.1 · CO2 emissions 167 g/km
* Figures for optional 19-inch All-season tyres optimised for rolling resistance in l/100 km: urban 7.4 · extra urban 6.6 · combined 6.8 · CO2 emissions 159 g/km.
Porsche Panamera 2011 S Hybrid Car
Hybrid Car users in Sri Lanka