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Vehicle importers challenge Treasury's 35% surcharge proposal in court
Daily FT
|October 03, 2025
VEHICLE importers yesterday objected to a Treasury proposal requiring a 35% surcharge for the release of vehicles currently detained by Sri Lanka Customs.
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The matter was taken up before the Court of Appeal, where counsels representing several importers argued against the move.
The vehicles in question had been brought into the country under letters of credit opened at foreign banks, leading to their detention.
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