Sri Lanka extends 50% surcharge on vehicle import duties

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The 50% surcharge imposed from May 15, based on vehicle import taxes, has been further extended until December 31, 2026, the Finance Ministry announced.

Accordingly, the extension will apply from tomorrow (15) until December 31, 2026.

The extension has been made under the powers vested in the President under Section 10A of the Customs Ordinance (Chapter 235), as amended by Act No. 83 of 1988.

However, the order will not apply to imports of motor vehicles for which letters of credit were opened on or before May 15, 2026.

Official Document:

Nipuna Marasinghe

Written by

Nipuna Marasinghe

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