BYD Yangwang U8

Model CodeU8

Get an instant, detailed tax estimation for the 2024 BYD Yangwang U8. 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 8703.60.71. Eligibility and tax rates are auto-verified against current regulations.

Customize Calculation

CIF Value

Currency

Import Tax Breakdown

vehiclevaluation.lk

Official Tax Estimate

TAX RECEIPT

10/5/2026

Vehicle Specifications

Make & Model

BYD Yangwang U8 2024

HS Code

8703.60.71

Fuel & Spec

Petrol PHEV | undefined cc

Category

suv

Description	Rate / Detail	Amount (LKR)
CIF Value	Base Value	40,656,120.00
General Duty	30%	12,196,836.00
Surcharge (Temp)	50% of General Duty	6,098,418.00
Excise Duty (XID)	Based on Capacity	0.00
SSCL (2.5%)	Base: (1.1×CIF + Duty + Surch. + XID) = 63,016,986.00	1,575,424.65
VAT (18%)	Base: (1.1×CIF + Duty + Surch. + XID) = 63,016,986.00	11,343,057.48
Luxury Tax	> 5,500,000.00 @ 80%	28,124,896.00

Total Payable Tax59,338,632.13

Total Cost99,994,752.13

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 Yangwang U8

HS:8703.60.71

Eligible

Vehicles-Cars-2001cc to 2500cc - Not more than three years old

Total Estimated Cost

LKR 99,994,752.13

(CIF + All Taxes)

Tax Ratio

145.95%

Value Ratio

245.95%

Details

Make: BYD
Model: Yangwang U8
Year: 2024
Fuel: Petrol PHEV
Engine: 0 CC

Tax Breakdown

CIF (LKR)LKR 40,656,120.00

Gen. Duty (30%)LKR 12,196,836.00

Surcharge (50% of Duty)LKR 6,098,418.00

Excise (XID)LKR 0.00

SSCL (2.5%)LKR 1,575,424.65

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

VAT (18%)LKR 11,343,057.48

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

Luxury TaxLKR 28,124,896.00

Total TaxLKR 59,338,632.13

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