The prices of vehicle came in for revision with the introduction of a unit tax for every vehicle imported into Sri Lanka. While the prices of certain vehicles have seen a huge increase, the levies imposed on some have recorded a drop as well.
The most affected by this tax revision is Sri Lanka’s most popular brand of hybrid vehicle, the Toyota Prius. With this new tax revision the price of a Toyota Prius is reported to have topped the Rs. 07 million mark.
When inquired, the co-chairman of the Sri Lanka Vehicle Importers’ Association Attorney-at-Law Kokila Deekiriwewa said that with the tax revision the market price in Sri Lanka for an imported Toyota Prius motorcar would exceed Rs. 10 million each.
Below is a table of the levies imposed so far on imported vehicles and the new revised levies:
