The Hon. Nishantha Jayaweera
Hon. Nishantha Jayaweera explained that the 3% surcharge on vehicles not sold within three months was introduced to prevent importers from accumulating large stocks and causing excessive foreign exchange outflows. He stated that Customs data show vehicle clearance usually takes only a few days to about two weeks, even during peak arrivals, and that the measure is intended as a forex regulation mechanism.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 Hon. Speaker, the 3% surcharge if a vehicle is not sold within three months was introduced to curb excessive foreign exchange outflows when importers build large stocks. According to Customs data, clearance does not normally take 40 days; even in peak arrivals, clearance is possible within a few days to about two weeks. The surcharge is intended to regulate forex outflows.
Provenance
- Source
- Hansard, Tuesday, 20 January 2026 ·No. 23200 ·English daily/uncorrected Hansard
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- not yet extracted — page/column anchors are not in the current dataset; the source PDF is the citable location.
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/lk/speeches/8939
Cite as: The Hon. Nishantha Jayaweera. 10th Parliament, Parliament of Sri Lanka. Hansard, 20 January 2026. No. 23200. Politick, https://staging.politick.io/lk/speeches/8939