Sri Lanka Imports 316,000 Vehicles, Generates Rs. 512.5 Billion in Tax Revenue

Sri Lanka imported approximately 316,000 vehicles during the first six months of 2026, generating Rs. 512.547 billion in tax revenue, according to Sri Lanka Customs officials.

The figures were revealed during a review of the operations and revenue performance of Sri Lanka Customs by the Parliamentary Committee on Ways and Means.

Motor vehicle imports contributed the largest share of vehicle-related tax revenue, generating Rs. 386.726 billion. Petrol-powered cars with engine capacities below 1,000cc were the highest revenue-generating category, contributing Rs. 137.4 billion, equivalent to 9.96% of total Customs revenue.

Overall, Sri Lanka Customs recorded Rs. 1.379 trillion in revenue by June 30, 2026, exceeding its target of Rs. 1.061 trillion for the period and achieving 130% of the targeted revenue.

Officials also informed the committee that Customs revenue had exceeded monthly targets throughout the year and remained higher than the corresponding months of 2025.