An extraordinary gazette notification has been issued regarding the importation of vehicles by President Anura Kumara Dissanayake in his capacity as Finance, Planning and Economic Development Minister.
This extraordinary gazette notification No. 2421 / 04 dated January 27, 2025, has been issued under the Import and Export Control Act No. 01 of 1969 authorising the Director General of Sri Lanka Customs to release vehicles imported to Sri Lanka with Letters of Credit (LCs) opened between December 18, 2024 and January 27, 2025 as per the provisions of the Imports and Exports (Control) Regulations No. 14 of 2024 referred to in the Regulation No. 04 which have arrived at any port or airport of Sri Lanka during the period of December 18, 2024 to July 31, 2025.
The regulations cited as the Imports and Exports Control Regulations No. 01 of 2025 aim to facilitate the removal of the temporary suspension on the importation of motor vehicles.
The relevant vehicles can be released until July 31, 2025.
The ban on personal motor vehicles including station wagons has been lifted and used cars up to three years old can be imported.
An importer registered in the Department of Motor Traffic could import any number of vehicles. Any other person could import one vehicle within the next 12 months.
Importers will have to register vehicles within 90 days of import under their own individual names if it is not sold or pay a three percent penalty fee.
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