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Wahanaya Team · 11 days ago

Vehicle Buyers Fund 37% of Sri Lanka's Customs Revenue — Will Prices Ever Fall?

Sri Lanka Customs collected Rs 512.5 billion in tax from vehicle imports in just the first half of 2026 alone — more than 37% of all Customs revenue for that period, and well past target. The single biggest contributor wasn't SUVs or vans, it was small petrol cars under 1,000cc, which alone brought in about Rs 137 billion, nearly 10% of total Customs collections on their own. One side says this proves the government simply cannot afford to cut vehicle taxes no matter how loudly buyers complain — losing a third of Customs revenue overnight would blow a hole in the budget. The other side says it proves the opposite: the state has built its finances on squeezing buyers of the cheapest, most basic cars, and that's exactly the group a real tax cut should protect first, not SUV or luxury buyers. If you bought or priced a car this year, how much of what you paid do you think actually went to Customs versus the dealer's margin? And does knowing the government leans this heavily on small-car tax change how you feel about ever seeing prices genuinely drop? රජයට මේ තරම් බද්දක් ලැබෙනවා නම්, වාහන බද්ද අඩු වෙයිද?
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