Govt. earns Rs. 136 billion from vehicle imports in 4 months
The Government has generated Rs. 136 billion in revenue from motor vehicle imports between January and April 2025.This figure includes collections from Value Added Tax (VAT), Customs Duty, and Luxury Tax.
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Govt eases several more restrictions on vehicle imports
The Ministry of Finance has issued a new gazette notification easing several more restrictions on vehicle imports, with effect from April 29, 2025.
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US $350 Million in LCs Opened for Vehicle Imports amid Stable Dollar
Sri Lankan President Anura Kumara Dissanayake stated that despite vehicle importers opening $350 million in Letters of Credit, the US dollar remains stable at around Rs. 300
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