Home/Lexus LC500
Lexus LC500
2023 Model

Quick Specs

Petrol
4969 cc /
HS: 8703.24.50

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

Import Tax Breakdown

vehiclevaluation.lk

Official Tax Estimate

TAX RECEIPT

10/5/2026

Vehicle Specifications

Make & Model

Lexus LC500 2023

HS Code

8703.24.50

Fuel & Spec

Petrol | 4969 cc

Category

coupe

DescriptionRate / DetailAmount (LKR)
CIF ValueBase Value32,186,095.00
General Duty30%9,655,828.50
Surcharge (Temp)50% of General Duty4,827,914.25
Excise Duty (XID)LKR 13,300 per cc66,087,700.00
SSCL (2.5%)Base: (1.1×CIF + Duty + Surch. + XID) = 115,976,147.252,899,403.68
VAT (18%)Base: (1.1×CIF + Duty + Surch. + XID) = 115,976,147.2520,875,706.50
Luxury Tax> 5,000,000.00 @ 100%27,186,095.00
Total Payable Tax131,532,647.94
Total Cost163,718,742.94

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
Vehicles-Cars-Exceeding 4000cc - Not more than three years old

Total Estimated Cost

LKR 163,718,742.94

(CIF + All Taxes)

Tax Ratio

408.66%

Value Ratio

508.66%

Details

Make
Lexus
Model
LC500
Year
2023
Fuel
Petrol
Engine
4969 CC

Tax Breakdown

CIF (LKR)LKR 32,186,095.00
Gen. Duty (30%)LKR 9,655,828.50
Surcharge (50% of Duty)LKR 4,827,914.25
Excise (XID)LKR 66,087,700.00

13300.00/cc × 4969

SSCL (2.5%)LKR 2,899,403.68

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

VAT (18%)LKR 20,875,706.50

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

Luxury TaxLKR 27,186,095.00
Total TaxLKR 131,532,647.93

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