Home/Mercedes-Benz S500
Mercedes-Benz S500
2024 Model

Quick Specs

Petrol
2999 cc /
HS: 8703.23.59

Mercedes-Benz S500

Model CodeW223

Get an instant, detailed tax estimation for the 2024 Mercedes-Benz S500. 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

4/7/2026

Vehicle Specifications

Make & Model

Mercedes-Benz S500 2024

HS Code

8703.23.59

Fuel & Spec

Petrol | 2999 cc

Category

sedan

DescriptionRate / DetailAmount (LKR)
CIF ValueBase Value34,651,595.00
General Duty30%10,395,478.50
SSCL2.5% of CIF866,289.88
Excise Duty (XID)Based on Capacity0.00
VAT (18%)Base: (1.1×CIF + Duty + SSCL + XID) = 49,378,522.888,888,134.12
Luxury Tax> 5,000,000.00 @ 100%29,651,595.00
Total Payable Tax49,801,497.49
Total Cost84,453,092.49

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 S500
HS:8703.23.59
Eligible
Auto-calculated based on vehicle specs

Total Estimated Cost

LKR 84,453,092.49

(CIF + All Taxes)

Tax Ratio

143.72%

Value Ratio

243.72%

Details

Make
Mercedes-Benz
Model
S500
Year
2024
Fuel
Petrol
Engine
2999 CC

Tax Breakdown

CIF (LKR)LKR 34,651,595.00
Gen. Duty (30%)LKR 10,395,478.50
SSCL (2.5%)LKR 866,289.88
Excise (XID)LKR 0.00
VAT (18%)LKR 8,888,134.12

Base: (1.1 × CIF + Duty + SSCL + XID)

Luxury TaxLKR 29,651,595.00
Total TaxLKR 49,801,497.50

Community Discussion0

Loading comments...