Home/BMW 320i
BMW 320i
2024 Model

Quick Specs

Petrol
1998 cc /
HS: 8703.23.59

BMW 320i

Model CodeG20

Get an instant, detailed tax estimation for the 2024 BMW 320i. This calculation includes current Customs Duty (30%), SSCL (2.5%), VAT (18%), and applicable Luxury Taxes based on the latest Sri Lanka Customs tariffs (post April 2026).

Officially Verified HS Code

The tax calculation is based on HS Code 8703.23.59. Eligibility and tax rates are auto-verified against current regulations.

Customize Calculation

Import Tax Breakdown

vehiclevaluation.lk

Official Tax Estimate

TAX RECEIPT

10/5/2026

Vehicle Specifications

Make & Model

BMW 320i 2024

HS Code

8703.23.59

Fuel & Spec

Petrol | 1998 cc

Category

sedan

DescriptionRate / DetailAmount (LKR)
CIF ValueBase Value14,229,642.00
General Duty30%4,268,892.60
Surcharge (Temp)50% of General Duty2,134,446.30
Excise Duty (XID)LKR 7,700 per cc15,384,600.00
SSCL (2.5%)Base: (1.1×CIF + Duty + Surch. + XID) = 37,440,545.10936,013.63
VAT (18%)Base: (1.1×CIF + Duty + Surch. + XID) = 37,440,545.106,739,298.12
Luxury Tax> 5,000,000.00 @ 100%9,229,642.00
Total Payable Tax38,692,892.65
Total Cost52,922,534.65

This is a computer-generated estimate based on current Sri Lanka Customs formulas.

Actual charges may vary. Generated by vehiclevaluation.lk

Estimated Tax Costs for 2024 320i
HS:8703.23.59
Eligible
Vehicles-Cars-1801cc to 2000cc - Not more than three years old

Total Estimated Cost

LKR 52,922,534.65

(CIF + All Taxes)

Tax Ratio

271.92%

Value Ratio

371.92%

Details

Make
BMW
Model
320i
Year
2024
Fuel
Petrol
Engine
1998 CC

Tax Breakdown

CIF (LKR)LKR 14,229,642.00
Gen. Duty (30%)LKR 4,268,892.60
Surcharge (50% of Duty)LKR 2,134,446.30
Excise (XID)LKR 15,384,600.00

7700.00/cc × 1998

SSCL (2.5%)LKR 936,013.63

Base: (1.1 × CIF + Duty + Surcharge + XID)

VAT (18%)LKR 6,739,298.12

Base: (1.1 × CIF + Duty + Surcharge + XID)

Luxury TaxLKR 9,229,642.00
Total TaxLKR 38,692,892.65

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