Revised Sales Tax And Custom Duty:Imported cars to cost more

Starting today all imported vehicles entering the country will be subjected to a revised sales tax and custom duty, according to a finance ministry notification. This includes those vehicles ordered months ago that have not reached Bhutan as of today.

The sales tax and custom duty were increased, based on the cylinder capacity or cc (cubic centimeter volume of the engine cabin), and categorised vehicles into petrol and diesel run vehicles.

However, vehicles imported from India will only have to pay an increased sales tax. Sales tax for petrol and diesel vehicles imported from third countries is up by five percent for vehicles up to 1500 cc, and by 15 percent for vehicles above 1501cc.

Custom duty for petrol and diesel vehicles up to 2500 cc has been increased by 10 percent, and by 30 percent for vehicles above 2501 cc. Continue reading Revised Sales Tax And Custom Duty:Imported cars to cost more