From now on used Petrol vehicles up to 02 year can be imported to the country.
Earlier it was 31/2 years.
- petrol vehicles
Engine capacity < 1000 CC
38 % excise duty
Engine capacity > 1600 CC
243% excise duty
- hybrid electric vehicles
Engine capacity < 1600 CC
8 % excise duty
Engine capacity > 1600 CC
24% excise duty
Engine capacity between 2000CC to 3000 CC
up close to 75%
Engine capacity > 3000 CC
up close to 100%
Notes : it is reported that the imports of this type had risen more than 1000 owing to the tax concessions of 15% tax and a 12% VAT during past three months.
As to the United Motors official
Currently a Viva car costs about 1.3 million rupees and expects to rise by about 150,000 rupees
Mitsubishi Lancers with engine capacities between 1,000cc and 1,600cc, to be about 250,000 rupees
As to Associated Motorways,they are yet to make a approximate figure of their popular brands Maruti and ALTO
notes : it is reported that the imports of this type had risen more than 1000 owing to the tax concessions of 15% tax and a 12% VAT during past three months.
following is quoted from http://www.asiantribune.com/news/2011/04/25/sri-lanka-raises-vehicle-import-taxes
Hybrid electric vehicles will reduce the fuel cost and safeguard the environment.
A hybrid vehicle combines an internal combustion engine (petrol or diesel) and one or more electric motors to drive it.
Electric motors are driven by power supplied by much advance batteries which again charged by the power supplied by the internal combustion engine while the vehicle is driven by it.
As a result overall fuel consumption of the vehicle improves and runs more km with 1 l of petrol.
for more info on hybrid http://www.hybrid-cars.org/
