Relief on motor vehicles imported for personal use

Relief on motor vehicles imported for personal use

September 24, 2019   02:50 pm

The government has decided to declare a grace period for the motor vehicles imported during the period of January 2015 to November 2017 and pending the Customs clearance at the Hambantota Port, says the Ministry of Finance.

Motor vehicles that fulfil the following criteria will accordingly be eligible for the said grace period:

Said motor vehicles imported by an importer/individual based on the Letter(s) of Credit established on his/her name for personal usage or

Said motor vehicles imported by any authorized agent/motor vehicles importer on the request of the identified customer(s), who have paid required money to the said authorized agent/importer through any official channel for the importation of such vehicle for personal usage.

Further information in this regard can be obtained from the Gazette Notifications No. 2117/48 dated April 04, 2019 and last amended by Gazette No. 2135/55 dated August 08, 2019 under the Excise (Special Provisions) of Act. No. 13 of 1989, the media release issued by the Finance Ministry said.

Under this scheme, eligible individuals are informed to apply for the relief to the Director General, Department of Fiscal Policy, General Treasury, along with the requested proof documents on or before October 31, 2019.

The Finance Ministry further stated, under this scheme, it is mandatory to register the vehicles under the name of the relevant individual importers’ names within 30 days of the clearance of the vehicle from the wharf.

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them(mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Most Viewed Video Stories

LIVE🔴 Ada Derana Lunch Time News Bulletin 12.00 pm

LIVE🔴 Ada Derana Lunch Time News Bulletin 12.00 pm

Report on controversial release of shipping containers presented in Parliament promptly: Deputy Minister (English)

Sri Lanka will receive favourable response regarding US tariffs - Deputy Finance Minister (English)

Cabinet nod for Sri Lanka Navy to conduct maritime security operations (English)

Tourist arrivals in 2025 surpass 1.2 million, 250,000 from India (English)

Sri Lanka will receive favourable response regarding US tariffs - Deputy Finance Minister

LIVE🔴 Ada Derana Prime Time News Bulletin 6.55 pm

🔴LIVE | Ada Derana Midday Prime News Bulletin