New Registration Charges for Motor Vehicles – Budget 2012

The presently applicable relevant withholding tax will be amalgamated with vehicle registration charges and he applicable new vehicle registration charges will be as follow. (Effective from 24 November 2011)

Luxury, Semi Luxury and Dual Purpose Motor Vehicle Taxes

Luxury, Semi Luxury and Dual Purpose Motor Vehicle Taxes Sri Lanka 2012

Revenue Licensing Annual Fee for Motor Vehicle

The prevailing license fee has been increased by Rs. 150 for Motor bicycles
and Three Wheelers and by Rs. 500 for other vehicles (except Lorries
Tractors, Busses and Trailers).

There will be a 50% tax cut for vehicles in the tourism industry and a 50% tax reduction on tyres for bus.

Download Budget Highlights 2012 (PDF)