Import duties on cars to increase next week

04-May-2012 Intellasia | VIR | 7:05 AM Print This Post

Import duties on several types of automobile will increase starting next Monday, in accordance with regional trade and economic cooperation frameworks, said the Ministry of Finance.

Tax rates will be raised by 4-5 per cent up to 78 per cent for ambulances and four-wheel-drive vehicles, and by 5 per cent up to 70 per cent for buses and coaches weighing 6-18 tonnes.-

 


Category: Legal

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