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CMTA warns of another Rs.40bn revenue leak from used vehicle tax break

Sri Lanka risks losing another Rs.40 billion in tax revenue this year, unless the authorities urgently scrap a long-contested concession granted on the used vehicle imports, according to the Ceylon Motor Traders’ Association (CMTA), which argued the measure is creating an unjustifiable advantage f

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CMTA warns of another Rs.40bn revenue leak from used vehicle tax break

9 hours ago

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645

CMTA warns of another Rs.40bn revenue leak from used vehicle tax break Sri Lanka risks losing another Rs.40 billion in tax revenue this year, unless the authorities urgently scrap a long-contested concession granted on the used vehicle imports, according to the Ceylon Motor Traders’ Association (CMTA), which argued the measure is creating an unjustifiable advantage f


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CMTA warns of another Rs.40bn revenue leak from used vehicle tax break Sri Lanka risks losing another Rs.40 billion in tax revenue this year, unless the authorities urgently scrap a long-cont..

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