Writen by Abdul Mujeeb 11:27:00 AM - 0 Comments
|Fast cars to be listed under a new category|
Re-introduce speed limitFast cars with a higher engine capacity will be listed under a new category from next month (january 2013), that the new category will be introduced as a result of government moves to exempt taxes on some types of racing cars, Commissioner General of Motor Traffic S. H. Harischandra said.
Sri Lanka All cars are categorized under normal cars and still do not have a special category to fast cars.
the budget for 2013 that the tax on racing cars imported to Sri Lanka will be relaxed.The Ministry of Finance however later clarified that the tax exception announced in the 2013 budget was valid only for Go-carts.
also The government is to re-introduce speed limit sign boards from next year,that a gazette notification in that regard had already been submitted,the Department of Motor Traffic said.