Share Facebook Fan Page


Auto News

More vehicles for MPs


The Treasury has amended the circular relating to vehicle imports, enabling more MPs to import vehicles for their personal use under duty concessions, government sources said today. The Ministry of Parliamentary Affairs had issued permits to only 69 members before the circular was amended. There have been numerous requests from MPs to amend this circular. An MP can purchase a vehicle up to US$ 50,000 under this facility from the international market by paying only 18 per cent of the import duties. The Bank of Ceylon provides a loan of Rs.5,0 00,000 to each member for this purpose. The government has amended this circular so that MPs can import vehicles before prices soar further in Japan due to the appreciation of the Yen.
(KB)
Sourse: http://www.dailymirror.lk/index.php/news/7875-more-vehicles-for-mps.html


Posted on Saturday, November 20, 2010 @ 01:55:12 LKT

>>


Advertise Here

Advertise Here

Advertise Here




The No1 Car Sales Site in Sri Lanka. Fastest way to Buy Sell Rent Your Vehicle or Find Any Spare Part Stores, Insurance Finance Services and Leasing Company, Banks in Sri Lanka. Largest Vehicle, AutoMobile Needs Directory Site for Sri Lankan Market. Cars Vans Motorcycles Buses Lorry for Your Hire or Transport needs. Easiest way to find details of Bank Loans, Leasing Facilities, Financial Companies and Insurance Policies in Sri Lankan Market. One Stop for your Auto Deals, Vehicle Needs. Nissan Toyota AMW Spare Parts shops in Lanka.