Lexus LC500

Model CodeURZ100

Get an instant, detailed tax estimation for the 2023 Lexus LC500. 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 8703.24.50. 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

4/7/2026

Vehicle Specifications

Make & Model

Lexus LC500 2023

HS Code

8703.24.50

Fuel & Spec

Petrol | 4969 cc

Category

coupe

Description	Rate / Detail	Amount (LKR)
CIF Value	Base Value	29,926,377.50
General Duty	30%	8,977,913.25
SSCL	2.5% of CIF	748,159.44
Excise Duty (XID)	LKR 13,300 per cc	66,087,700.00
VAT (18%)	Base: (1.1×CIF + Duty + SSCL + XID) = 108,732,787.94	19,571,901.83
Luxury Tax	> 5,000,000.00 @ 100%	24,926,377.50

Total Payable Tax120,312,052.02

Total Cost150,238,429.52

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 2023 LC500

HS:8703.24.50

Eligible

Auto-calculated based on vehicle specs

Total Estimated Cost

LKR 150,238,429.52

(CIF + All Taxes)

Tax Ratio

402.03%

Value Ratio

502.03%

Details

Make: Lexus
Model: LC500
Year: 2023
Fuel: Petrol
Engine: 4969 CC

Tax Breakdown

CIF (LKR)LKR 29,926,377.50

Gen. Duty (30%)LKR 8,977,913.25

SSCL (2.5%)LKR 748,159.44

Excise (XID)LKR 66,087,700.00

13300.00/cc × 4969

VAT (18%)LKR 19,571,901.83

Base: (1.1 × CIF + Duty + SSCL + XID)

Luxury TaxLKR 24,926,377.50

Total TaxLKR 120,312,052.02

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