You are here:: In Parliament Oral Q and A Customs incurred an approximate loss of Rs. 480 million as a result permission to import those eight super luxury limousines- Ravi
 
 

Customs incurred an approximate loss of Rs. 480 million as a result permission to import those eight super luxury limousines- Ravi

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Rvi_AmunugamaColombo District UNP MP Ravi Karunanayake, said that the Sri Lanka Customs incurred an approximate loss of Rs. 480 million as a result permission to import those eight super luxury limousines being granted. Karunanayake demanded to know why the government granted special permission to import limousines,

but Dr. Amunugama said no ‘special permission’ was granted, but those were imported under the normal regulations that prevailed in the country at the time. The minister said any individual can import any item that was not prohibited by the Import and Export (CONTROL) Act, No. 1 of 1969 by paying due taxes according to the prevailing regulations, thus, those limousines were imported according to those regulations.

 

Karunanayake however pointed out that according to the answer tabled by the minister, only Rs. 4.3 million had been paid as duty for each limousine imported which had ultimately ended up depriving the Customs Rs. 480 million. As there had been no stipulated tax for limousines at the time, the importers had used the loophole to bring them down as light motor coaches.