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AmCham+welcomes+import+tax+on+vehicles
Sunday, 15 April 2012 - 7:37
AmCham welcomes import tax on vehicles
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The American Chamber of Commerce welcomed the move by the Government to raise import tax on vehicles.

 

The President of the American Chamber of Commerce Vijaya Ratnayake stated that vehicle import duties had to be increased to curtail the growing trade deficit and the rising of the import bill.

 

He stated that present infrastructure which cannot cope with the increase number of vehicles and the staggering fuel import bill have been some concerns of the Government which we appreciate.

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