3-month grace period for owners of luxury, semi-luxury & semi-luxury dual purpose vehicles
A three-month concessionary period has been afforded to the owners of luxury and semi-luxury vehicles who have failed to pay tax when registering their vehicles.
With over Rs. 350 million due to the State through the tax collection, the Cabinet this week agreed to slash the 50% penalty charged to vehicle owners who defaulted on payments to only 5% during the concession period from 1 September 2017 to 30 November 2017.
The decision will give an opportunity for th