79 MPs to be issued duty free car permits

It is reported that the Ministry of Finance is taking steps to issue duty free vehicle permits to 79 Members of Parliament soon.

The permits will be handed over to the newly elected Members of Parliament.

It is reported that the licenses will be issued to them first and then to all the other members within a few weeks.

Under the tariff concession permit system, each member is entitled to a permit with a tax concession of around Rs. 6.5 million.

According to the sources of the Ministry of Finance, as vehicle importation is currently on hold they can either purchase the vehicles which are currently available in the country or vehicles imported into the country can be purchased when the import ban is lifted or in the future.

At the same time, the permits will be issued to duty free vehicle premit holders in the public service as well.

Public servants will be able to purchase a vehicle under those permits subject to a tax concession of Rs. 3.6 million.