156votes
3answers
2840views
What is Gazette 2421/43 and how does it affect car imports in 2025?
I keep hearing about new import regulations. Can someone explain the latest Gazette notification and what taxes apply now?
✅Best Answer
Gazette 2421/43 (published December 2024) introduces the latest import duty structure for vehicles entering Sri Lanka.
Key Changes:
1. Customs Import Duty (CID): Now calculated on CIF value with rates varying by engine capacity:
- ≤1000cc: 50%
- 1001-1500cc: 75%
- 1501-2000cc: 100%
- >2000cc: 150%
2. Ports & Airport Levy (PAL): 2.5% on (CIF + CID)
3. CESS: 35% for vehicles exceeding 1500cc
4. Luxury Tax: Applies to vehicles over Rs. 5 million landed cost:
- 5-10M: 50%
- 10-15M: 75%
- >15M: 100%
Important Note: Hybrid vehicles (≤1600cc) receive a 50% reduction on CID under the Green Vehicle Initiative.
Use LocateLanka's Tax Calculator for accurate calculations 👉 [/calculator](/calculator)
Key Changes:
1. Customs Import Duty (CID): Now calculated on CIF value with rates varying by engine capacity:
- ≤1000cc: 50%
- 1001-1500cc: 75%
- 1501-2000cc: 100%
- >2000cc: 150%
2. Ports & Airport Levy (PAL): 2.5% on (CIF + CID)
3. CESS: 35% for vehicles exceeding 1500cc
4. Luxury Tax: Applies to vehicles over Rs. 5 million landed cost:
- 5-10M: 50%
- 10-15M: 75%
- >15M: 100%
Important Note: Hybrid vehicles (≤1600cc) receive a 50% reduction on CID under the Green Vehicle Initiative.
Use LocateLanka's Tax Calculator for accurate calculations 👉 [/calculator](/calculator)