Sep 28, 2021

Those with dollars will be allowed to import vehicles Featured

The Central Bank Governor has brought in an unusual suggestion to solve the vehicle import issue.

It is reported that vehicle importers have been given the opportunity to import vehicles if they agree to pay the taxes in US dollars. 

Following a discussion in this regard, those who purchase vehicles with US dollars overseas and import it to Sri Lanka, and are willing to pay the Sri Lankan tax in US dollars, will be permitted to import vehicles. 

A further analysis on the implementation is to take place.