Sri Lankaβs vehicle import taxation system has come under renewed scrutiny following allegations that a long-standing concession for used vehicle imports is depriving the Government of tens of billions of rupees in revenue annually. The Ceylon Motor Tradersβ Association (CMTA), one of the countryβs oldest and most influential automotive industry bodies, has called for the [β¦] The post Tax Loophole in Vehicle Imports Costs Treasury Billions appeared first on Lankanews.lk .