Search results
Results From The WOW.Com Content Network
Duty-free permit (or Duty-free vehicle permit or Motor Vehicle Permit on Concessionary Terms) is a permit issued by the Treasury of the Government of Sri Lanka that allows its holder to import a vehicle into Sri Lanka on duties concessions or exempt from certain taxes.
Sri Lanka Freedom Party: 28 January 2007: Minister of Transport [52] [53] [54] Kumara Welgama: Sri Lanka Freedom Party: 23 April 2010 [55] [56] [57] R. M. Ranjith Madduma Bandara: United National Party: 12 January 2015: 17 August 2015: Maithripala Sirisena: Minister of Internal Transport [58] [59] [60] Nimal Siripala de Silva: Sri Lanka Freedom ...
Taxation in Sri Lanka mainly includes excise duties, value added tax, income tax and tariffs. [1] Tax revenue is a primary constituent of the government's fiscal policy . The Government of Sri Lanka imposes taxes mainly of two types in the forms of direct taxes and indirect taxes.
In Sri Lanka, a revenue licence must be displayed on the vehicle, and is evidence that the necessary vehicle excise duty has been paid for the specific vehicle. It is normally placed on the left side of the windscreen if it is a four-wheeled vehicle.
The EU VAT asks where supply and consumption occurs, which determines which state collects VAT and at what rate. Each state must comply with EU VAT law, [56] which requires a minimum standard rate of 15% and one or two reduced rates not to be below 5%. Some EU members have a 0% VAT rate on certain items; these states agreed this as part of ...
Free-trade zones are referred to as "foreign-trade zones" in the United States (Foreign Trade Zones Act of 1934), [5] where FTZs provide customs-related advantages as well as exemptions from state and local inventory taxes. In other countries, they have been called "duty-free export processing zones," "export-free zones," "export processing ...
Vehicles first registered before June 30, 2009 are taxed according to engine displacement and national/European emission class, whereas vehicles which were registered after that date are taxed solely based on CO 2 emission in grams per km (g CO 2 /km). An on-line tax calculator has been made available. [9] The CO2 Price ist up to 4 Euros per ...
In Sri Lanka, the driving licence is the official document which authorises its holder to operate various types of motor vehicle on public roads. They are administered by the Department of Motor Traffic (DMT). A licence is required to drive on a public road and a minimum age is 18 years for all vehicles.