implements luxury tax on motor vehicles

Sri Lanka revises excise duty, implements luxury tax on motor vehicles

Mar 05, 2019 (LBO) – Sri Lanka’s Finance Minister Mangala Samaraweera told Parliament Tuesday that a revision of excise duty and implementation of a luxury tax on motor vehicles will be effective from 6th March 2019. According to the minister, the revision of the excise duty will have a minimal impact on smaller personal vehicles. […]