Vehicle import taxes exceed Ks 1 tn
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The Customs Department has collected more than Ks 1 trillion from vehicle imports since the country allowed imports in 2011.
Since then, a number of 382,264 vehicles have been imported. The department collected a total of Ks 1.015 trillion from the imports: Ks 514.3 billion as import duties and Ks 510.2 billion as commercial tax.
Dr. Tin Aung, the advisor for the Commerce Ministry, said that most of the imported vehicles are registered in Yangon. Despite growing complaints on traffic condition in the largest commercial city, he said there will be no change to the vehicle import policy.
