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

CIF Value

Currency

Import Tax Breakdown

vehiclevaluation.lk

Official Tax Estimate

TAX RECEIPT

10/5/2026

Vehicle Specifications

Make & Model

Mercedes-Benz S500 2024

HS Code

8703.23.59

Fuel & Spec

Petrol | 2999 cc

Category

sedan

Description	Rate / Detail	Amount (LKR)
CIF Value	Base Value	37,268,110.00
General Duty	30%	11,180,433.00
Surcharge (Temp)	50% of General Duty	5,590,216.50
Excise Duty (XID)	Based on Capacity	0.00
SSCL (2.5%)	Base: (1.1×CIF + Duty + Surch. + XID) = 57,765,570.50	1,444,139.26
VAT (18%)	Base: (1.1×CIF + Duty + Surch. + XID) = 57,765,570.50	10,397,802.69
Luxury Tax	> 5,000,000.00 @ 100%	32,268,110.00

Total Payable Tax60,880,701.45

Total Cost98,148,811.45

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

Vehicles-Cars-1801cc to 2000cc - Not more than three years old

Total Estimated Cost

LKR 98,148,811.45

(CIF + All Taxes)

Tax Ratio

163.36%

Value Ratio

263.36%

Details

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

Tax Breakdown

CIF (LKR)LKR 37,268,110.00

Gen. Duty (30%)LKR 11,180,433.00

Surcharge (50% of Duty)LKR 5,590,216.50

Excise (XID)LKR 0.00

SSCL (2.5%)LKR 1,444,139.26

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

VAT (18%)LKR 10,397,802.69

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

Luxury TaxLKR 32,268,110.00

Total TaxLKR 60,880,701.45

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