Sri Lankan dealers seek action on grey imports
BY RON HAMMERTON | 3rd Jul 2018
- Sri Lanka’s new-car dealer peak body says it will ask the nation’s government to close a loophole that allows showroom-new “used cars” imported from countries such as Australia to escape tariffs.
- The “grey imports” from right-hand-drive markets – primarily from Britain and Japan but more recently Australia – have swamped the Sri Lankan market, especially in the prestige segment where, for example, BMW parallel import car registrations have outnumbered official imports by almost eight to one this year.
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