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Wahanaya Team · 13 days ago

50% Import Duty Surcharge Pushed to Dec 31 — Still Waiting to Buy?

The temporary 50% surcharge on customs import duty, which started mid-May, has been extended again and now runs to the end of December instead of lifting earlier as some buyers hoped. Even if your Letter of Credit was opened before the original cutoff, you still lose the exemption unless the bill of lading shows the vehicle shipped by mid-November — so paperwork timing alone won't save you. Some buyers are holding off entirely, betting that once the surcharge finally expires, landed costs and showroom prices will ease and now is the wrong moment to commit. Others say freight, the exchange rate and duty structures have moved so much that prices won't meaningfully drop even after the surcharge ends, and sitting out means losing a working vehicle for months chasing a saving that may never show up. Dealers caught mid-shipment are stuck absorbing the extra cost or passing it on to whoever's buying next. If you were planning to import or buy around now, has this extension changed your plan — and do you actually think prices fall once the surcharge ends, or is that just hope? ඉතින් මාර්ගය බලන් ඉන්නවාද, නැත්නම් දැන්මම ගන්නවාද?
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