Tax reduction implies to all engine capacities
June 4, 2010 10:42 am
After the Govt. slashed taxes on imports and simplified its tax system, the tariff on Petrol Cars below 1000CC engine capacity has come down from 187% to 90%, S.R. Attygala Director General of Fiscal Policy, confirmed today.
|
Petrol |
Diesel |
|
||
|
Engine Capacity/(CC) |
Old Tariff% |
New Tariff% |
Old Tariff% |
New Tariff% |
|
Bellow 1000 |
187 |
90 |
412 |
179 |
|
1000 to 1600 |
217 |
115 |
510 |
185 |
|
1600 to 2000 |
299 |
150 |
524 |
271 |
|
2000 to 3000 |
299 |
150 |
524 |
271 |
|
Over 3000 |
299 |
190 |
524 |
290 |
