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Wahanaya Team · 12 days ago

Nov 15 Deadline: Miss It and Lose Your Tax Break on an Already-Ordered Car

If you opened a Letter of Credit for a car on or before 15 May 2026, Customs still exempts you from the 50% import duty surcharge — but only if the vehicle's bill of lading shows it was shipped on or before 15 November 2026. Miss that date, or amend the LC in any way (even just the VIN or spec), and the full surcharge applies retroactively, even though you locked in the deal months ago. Importers say this punishes buyers for shipping delays they can't control - port congestion, factory backlogs, documentation hold-ups in Japan or wherever the car is coming from - and some orders placed in good faith now risk landing lakhs more expensive through no fault of the buyer. Others say a cut-off had to exist somewhere, or every LC would quietly get "renewed" forever just to dodge the surcharge indefinitely, which isn't fair to buyers who paid the full tax upfront. If you've got a vehicle on order right now, are you watching that shipping date like a hawk? And if yours gets stuck past 15 November, who should eat the extra cost - you, the dealer, or the shipping line? ඔයාගේ වාහනේ LC එක මැයි 15ට කලින් open කළත්, නොවැම්බර් 15ට කලින් නැව් නොගියොත් සර්ච්ජ් එක ගෙවන්න වෙනවා - ඒක fair ද?
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