Finance Ministry announces relief for vehicle permit holders

August 28, 2020 05:19 pm

Vehicle permit holders can buy an unregistered vehicle from the local market by using permit with Tax concession, says the Ministry of Finance.

The Trade and Investment Policy Circular No: 01/2020 announcing the relevant tax concession was published by the Finance Ministry today (28).

According to the Circular, vehicle permit holders can purchase an unregistered vehicle from a registered dealer or an importer, equivalent to the Tax concession in the permit.

Thereby, the registered dealers or importers will be entitled to import vehicles in the future, using the Tax concessions provided by the permits, which they obtained from the permit holders during the purchase.

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