Lankapage Logo Recent Top Stories
CP 14 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Auto traders in Sri Lanka request government to reconsider vehicle tax revisions
Sun, Feb 16, 2014, 10:53 pm SL Time, ColomboPage News Desk, Sri Lanka.

Feb 16, Colombo: Auto traders in Sri Lanka have called on the government to reconsider a tax revision for vehicles used for the transportation of goods like small lorries and trucks.

The traders have pointed out that the goods transportation sector that uses small lorries and trucks is being affected by Treasury's ad hoc tax increases.

The local media reported that while the tax on trucks in Japan, Singapore, Malaysia and Pakistan is around seven per cent, in Sri Lanka it is around 49 per cent and the highest in the region.

The tax on small lorries and trucks has risen to 49.6 per cent with effect from January this year from 26 per cent in September last year.

President of the Ceylon Motor Traders' Association, Tilak Gunasekera has said that taxes were increased to 26 percent from 15 percent before the 2014 budget in September and to 49.6 percent from 26 percent after the budget in January 2014.

The association has called on the government to reconsider the tax revision imposed twice within four months which has caused an adverse impact on the vehicle import industry.

The association has also asked the government to adopt a consistent tax policy on vehicle imports.

ColomboPage - Recent 10 Stories
Returned Sri Lankan asylum seekers were assessed under a screening process, Australian Minister says
-- [1 hour and 50 minutes ago]
Sri Lanka ruling party to present a new policy declaration for presidential polls
-- [2 hours ago]
Sri Lanka Air Force Chief visits Pakistan Air Force Academy
-- [2 hours ago]
Sri Lanka Navy arrests 4 Indian fishermen in Sri Lankan waters
-- [3 hours ago]
Sri Lankan President in a chat with opposition politicians
Sri Lanka police detain 37 asylum seekers returned by Australia
Sri Lanka opposition presidential candidate vows to protect President and security forces from war crime charges
Leftist party of Sri Lanka ruling coalition to meet tomorrow to reconsider party support at presidential polls
Two Sri Lankan government ministers likely to cross over to the opposition next week
British High Commission celebrates UK-Sri Lanka ties with cricket teams

Copyright © 2000, 2014 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.