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Sri Lanka: Imposition of luxury tax on imported vehicles removed for certain vehicles

Description

On 31 October 2019, the Sri Lankan Minister of Finance through Extraordinary Gazette No. 2147/72 amended the applicability of the Luxury Tax on imports of Motor Vehicles. Henceforth, imports of petrol...

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Intervention Details

Intervention Type

Internal taxation of imports

MAST Chapter

F: Price-control measures, including additional taxes and charges

Implementation date

01 Nov 2019

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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