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Friday, 18 August 2017 - 8:57
Prices of motorbikes imported from India will not come down - vehicle importers
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Vehicle Importers Association of Sri Lanka says the prices of motorcycles importing from India will not come down despite the latest tax reduction announced by the ministry of finance yesterday.
 
The finance ministry cut the duty on imported motorcycles which are less than 150cc by 90%.
 
Chairman of the association, Indika Sampath Merinchige said because of this move, the prices of motorcycles which are imported from Japan will be reduced by a considerable margin.
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