Lawyer files FR challenging grant of vehicle tax benefits to MPs | Daily News


Lawyer files FR challenging grant of vehicle tax benefits to MPs

A lawyer yesterday filed a Fundamental Rights petition in the Supreme Court seeking an Interim Order directing President Maithripala Sirisena to stay the operations of the tax exemption granted to Parliamentarians to import vehicles up to the value of $62,500.

The petition had been filed by attorney-at-law Nagananda Kodituwakku seeking an order to stay the operation of tax exemption granted to MPs to import vehicles, gazetted (No 1965/2 of 02 May 2016) under Section 3C of the Excise (Special Provisions) Act, No 13 of 1989 (as amended) by the Finance Minister.

The petitioner cited President Maithripala Sirisena as a respondent through the Attorney General and Finance Minister Ravi Karunanayake as the second respondent.

The petitioner further sought an order directing the Director General of Customs (DGC), to seize and confiscate any vehicle imported under the tax-free permit scheme offered to MPs in the event of declaring false value declarations for Customs purposes that would become such vehicles liable to be forfeited under Section 52 of the Customs Ordinance.

The petitioner states that tax component of such a vehicle imported by any other citizen without such exemption is well over 30 million rupees (charged at the rate of 300 percent) and thus there is a heavy demand for these permits in the motor vehicle trade, as buyers of these permits issued by the 3rd Respondent are allowed to import any vehicle of their choice, with no restriction on the engine capacity and with no restriction whatsoever imposed on the sale or transfer of the vehicles.

Therefore, the petitioner states that right now, these permits easily fetch a very high price tag going up to over 25 million rupees in the motorcar market.

The petitioner states that investigations conducted by him into the abuse of these permits reveal that those who are engaged in the motor vehicle import trade have bought these permits and already have placed orders for the importation of high valued vehicles, which in some cases the transaction value is well over £100,000.00.

Visit Sri Lanka's Largest online shop. Over 125,000 unique categories such as Fresh Flowers, Cakes, Food, Jewllery, Childrens Toys and other Sri Lankan e-commerce categories. Low delivery cost to most cities here and free delivery in Colombo.

There is 1 Comment

Is this Nagananda Kodituwakku must be him. He is the only lawyer mad enough to do such a thing

Add new comment