Import duties on cars to increase next week

Import duties on several types of automobile will increase starting next Monday, in accordance with regional trade and economic co-operation frameworks, said the Ministry of Finance.

Tax rates will be raised by 4-5 per cent up to 78 per cent for ambulances and four-wheel-drive vehicles, and by 5 per cent up to 70 per cent for buses and coaches weighing 6-18 tonnes.

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