Taxpayer Identification Number made mandatory for Motor Traffic Department services

Date:

April 01, Colombo (LNW): The Department of Motor Traffic (DMT) has announced that individuals seeking its services will be required to provide a Taxpayer Identification Number (TIN) from 15 April 2025 onwards.

This new requirement is aimed at strengthening financial accountability and streamlining administrative processes.

In an official statement, the DMT emphasised that the submission of a TIN will be compulsory for all transactions and services provided by the department. This includes vehicle registrations, ownership transfers, licence renewals, and other related procedures.

Authorities have urged vehicle owners, buyers, and motorists to ensure they possess a valid TIN before approaching the department for services. The measure is expected to create a more transparent system and facilitate efficient record-keeping.

Share post:

spot_imgspot_img

Popular

More like this
Related

Sri Lanka’s First Post-Crisis Dollar Bond Signals Renewed Investor Faith

Sri Lanka’s return to foreign-currency borrowing took a significant...

HSBC Exit Marks Shift toward Local Dominance in Banking

HSBC’s decision to exit Sri Lanka’s retail banking business—now...

Sri Lanka Set for Strong Market Upswing as Stability, Lift Investor Confidence

Sri Lanka’s capital market is entering its most promising...

New Tariff Policy Aims to End Decades of Protectionist Drift

Sri Lanka is preparing to introduce a landmark national...