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Wahanaya Team · 18 days ago
Customs hit its full 2026 target by Oct 21 — on vehicle taxes. Still hoping for a price cut?
Sri Lanka Customs crossed its entire 2026 revenue target of around Rs 2.2 trillion by October 21, more than two months ahead of schedule, and vehicle import taxes are a big reason why. The 50% duty surcharge that's been squeezing buyers all year is also the thing propping up this number.
One side says this proves the surcharge never needed to be this high in the first place, and since the target's already smashed with two months to spare, there's no excuse to run it all the way to December 31 — cut it now and let prices breathe. The other side says the opposite: a government that just found out vehicle imports alone can fill its revenue hole has zero reason to ever loosen the tap again, surcharge extended or not.
If you're sitting on a purchase waiting for duties to ease, does this change anything for you? Buying now before the current LC rules bite, or still waiting it out?
රජයේ ආදායමෙන් ගොඩක් කොටසක් මේ වාහන ටැක්ස් වලින්ම එන්නේ - ඒකෙන් අපිට මිල අඩු වේවි කියලා තවම හිතනවද?
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