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  1. Toyota Raize Brochure Link - https://toyota.jp/pages/contents/request/webcatalog/raize/raize_main_201911.pdf
  2. Skyonline

    What to buy within 5 - 6 mil range..???

    If fuel economy remain your priority, then Suzuki Wagon R will be suitable car for you. Get the top spec version.
  3. The tax will no longer be charged on the engine size for vehicles below the capacity of 1,800cc, for petrol, 2,300cc for diesel and a 200 kiloWatt motor will not apply from November 01.
  4. Sri Lanka will charge a so-called luxury tax from high value cars and SUVs for which import letter of credit was opened after March 05, 2019 and the basis of engine capacity to charge taxes has been removed, the finance minister said. The luxury tax will be applicable to petrol and diesel cars and jeeps valued (CIF) over 3.5 million rupees, hybrids over 4.0 million rupees and electric vehicles over 6.0 million rupees. The tax will no longer be charged on the engine size for vehicles below the capacity of 1,800cc, for petrol, 2,300cc for diesel and a 200 kiloWatt motor will not apply from November 01. But letters of credit opened up to October 31 and imports cleared before April 21, 2020 will still not be charged the luxury tax. The finance ministry said cars like Toyota Vitz, Suzuki Every, Toyota Roomy, Suzuki Alto, Suzuki Baleno, Daihatsu Petrol, Honda Grace, Suzuki Wagon R, Toyota Aqua will not be subject to the luxury tax. Sedans like Toyoa Axio, Premio and Allion will also not attract the luxury tax, the finance ministry said. https://economynext.com/sri-lanka-luxury-tax-for-high-value-cars-engine-capacity-base-removed-29920/
  5. The government has revised the luxury tax (LT) formula and is to introduce a LT based on the vehicle manufacturing cost in addition to custom duty if its manufacturing cost (Cost Insurance Freight/CIF value) exceeds Rs.3.5 million. Under this new formula, the LT vehicle import duty will be levied on the basis of engine capacity and LT tax on CIF value, informed official sources said. Revision of excise duty on motor vehicles and implementation of LT on luxury motor vehicles is expected to generate revenue of Rs.48 billion, a senior Treasury official said. The relevant circular on luxury tax amendment will be issued soon, he said. Earlier the LT on vehicles was based on engine capacity and now it will be changed to CIF value, he said adding that the government has decided to amend the luxury tax on motor vehicles to be based on price instead of engine capacity, specifying the vehicle categories which are exempt. As per the Finance Act 2018, the LT was applicable earlier on only three categories of vehicles, including petrol vehicles with cylinder capacity more than 1800 cc, diesel vehicles with cylinder capacity more than 2300 cc, and electric vehicles with more than 200kw power. But now all vehicles with a CIF value of Rs. 3.5 million or over will be subjected to an additional LT, he said. Vehicle Importers Association of Sri Lanka (VIASL) Chairman Ranjan Peiris said most of the vehicles used by motorists like Toyota Premier, Toyota Axio, Honda Vezel, Toyota CHR and Honda Grace come under the LT bracket. In accordance with the new tax, Rs. 1.2 million would have to be paid as LT for a vehicle with a 1,000cc engine capacity in addition to the manufacturing cost, he added. A member of the Ceylon Motor Traders Association said that it’s not fair to charge the same duty for a 2,000 cc Korean-made vehicle produced and purchased for US$20,000 and a European manufactured one with same engine capacity purchased at $35,000, under the earlier taxation system. Heeding to representations made by motor traders, the Finance Ministry has decided to amend the LT imposition reverting to the previous method of taxation on the price of the model. http://www.sundaytimes.lk/191027/business-times/vehicle-luxury-tax-revised-re-introducing-cif-value-based-taxation-375190.html
  6. Skyonline

    Help me to find a car

  7. Skyonline

    Japanese Car News

    Renault Kwid facelift launch on October 1, 2019
  8. Mahindra sets up car assembly plant in Sri Lanka Mahindra & Mahindra has set up an assembly plant in Colombo, Sri Lanka, as part of its initiative to push more volumes in the international market, at a time when domestic demand has been weak for the past one year. The Mumbai-based automaker will from Saturday start assembling compact SUV KUV100 at the new plant, with a production capacity of 5,000 units per annum. In collaboration with Ideal Motors of Sri Lanka, the plant has been built with an investment of over Rs 80 crore. The resultant entity has been christened Mahindra Ideal Lanka. While Ideal Motors will own 65% of the joint venture, M&M will own the remaining. Pawan Goenka, managing director of M&M, said the company would roll out more products over the next three years from the plant. “This is the first passenger car assembling plant in Sri Lanka. Sri Lanka is a key strategic market for us and we are now fully equipped to deliver products customised to local needs, on time,” Goenka said. Mahindra Ideal Lanka will localise four components — batteries, tyres, seats and exhaust — to lower down the cost to some extent. Spread over 10 acre, the plant in Sri Lanka will employ around 200 people. It was inaugurated by Sri Lanka PM Ranil Wickremesinghe. https://www.financialexpress.com/industry/mahindra-sets-up-car-assembly-plant-in-sri-lanka/1678333/
  9. Skyonline

    Shanghai Motor Show 2019

    Shanghai Motor Show 2019