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

Latheef's broken bones and Rajapakses !

February 10, 2019

Former Defence Secretary Gotabhaya Rajapaksa publically announced during last March...

Dubai crew claiming Madush's delivery interrupted by CID !

February 10, 2019

Following our disclosure of wasting public money by the State...

Niroshan’s statement: a complaint to BOC Chairman

February 11, 2019

The statement made by United People’s Freedom Alliance (UPFA) MP...

Dear IGP, send information on drug charges against Madush !

February 11, 2019

Difficulties have occurred in bringing drug lord Makandure Madush, who...