It has been revealed that the new government has decided not to allow the tax free vehicle permits for government servants to be transfer before four years of its issue.

A senior official from the Finance Ministry told www.adaderanabiz.lk that this decision has already been taken and that the relevant circular would be released shortly.

A circular had been released during the former government that the vehicle permits provided for purchasing vehicles under the duty free concession could be transferred to any other person.

Hence, the government servants had the opportunity of selling their duty free vehicle permits most bought these permits and had bought vehicles through such permits.

A head of a Sri Lankan vehicle importing company told www.adaderanabiz.lk that if this new rule applies to the vehicles already ordered through these government servants’ permits but still to arrive in the country then it could create problems to the company.

He added that it is still not clear whether this new rule applies only to the new permits or whether it also applies to the earlier permits.