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A decade of unanswered warnings raises questions over taxation, enforcement and public accountability A potentially massive revenue leakage in Sri Lanka’s vehicle import taxation system has emerged as a major issue ahead of the 2027 Budget, with the Ceylon Motor Traders’ Association (CMTA) estimating that the controversial 15% depreciation concession on used vehicle imports has […] The post Used Vehicle Tax Loophole Exposes Rs. 120 Billion Treasury Risk appeared first on Lankanews.lk .

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