Sri Lanka to crack down on vehicle assembly rackets - Lanka News Web (LNW)

Sri Lanka to crack down on vehicle assembly rackets

Sri Lanka Motor Traffic Department and the Police in collaboration with Sri Lanka Customs joined hands to take stern legal action against the assembly of vehicles from imported used/second hand parts.

Although this activity is considered to bring benefits to the economy in terms of low cost motor vehicles available for consumer use, youth employment and increase in technological capacity in the vehicle manufacturing sector there are also considerable costs involved in carrying out this operation.

Te pOlice will take action under the Intellectual Property act for rights violations due to the assembly of motor vehicles from second hand vehicles that have been purchased abroad, dismantled and then imported into the country.

The government takes steps to stop this operation by discouraging the import of second hand parts, through reduction of the disparity in the tax rates charged on motor vehicles and spare parts.

It would also consider issuing strict regulations on the import of second hand vehicle parts, such as those found in other countries neighbouring Sri Lanka.


Latest News

Connect with Us

fb twitter youtube g ins in

Outbound wb

Most viewed in Last week

Will return if invited – Wijedasa informs Malik

November 14, 2018

Former Minister Wijedasa Rajapaksa has reportedly informed Malik Samarawickrama that...

If there’s majority, name someone except Ranil!

November 14, 2018

One of the representatives of the Presidential Secretariat told ‘Lanka...

Attempt to end Parliamentary session and seek referendum!

November 14, 2018

Internal sources from President’s Office inform that the Parliament is...

Mahinda’s candidate will be Gota or Kumar Welgame

November 20, 2018

President Sirisena’s main objective to sack Ranil Wickramasinghe was to...