CMTA advocates removal of 15% depreciation and enforcement of 3-month registration policy to mitigate revenue leakage
The Ceylon Motor Traders’ Association (CMTA), the senior-most automotive association in South Asia affiliated with the Ceylon Chamber of Commerce, has called on the government of Sri Lanka to abolish the 15% depreciation that is currently granted on used vehicle imports. The CMTA emphasizes that this policy not only lacksContinue Reading








