Home/MG HS
MG HS
2023 Model

Quick Specs

Petrol
1490 cc /
HS: 8703.22.50

MG HS

Model CodeHS

Get an instant, detailed tax estimation for the 2023 MG HS. 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 8703.22.50. 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

MG HS 2023

HS Code

8703.22.50

Fuel & Spec

Petrol | 1490 cc

Category

suv

DescriptionRate / DetailAmount (LKR)
CIF ValueBase Value8,131,224.00
General Duty30%2,439,367.20
Surcharge (Temp)50% of General Duty1,219,683.60
Excise Duty (XID)LKR 4,450 per cc6,630,500.00
SSCL (2.5%)Base: (1.1×CIF + Duty + Surch. + XID) = 19,233,897.20480,847.43
VAT (18%)Base: (1.1×CIF + Duty + Surch. + XID) = 19,233,897.203,462,101.50
Luxury Tax> 5,000,000.00 @ 100%3,131,224.00
Total Payable Tax17,363,723.73
Total Cost25,494,947.73

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 HS
HS:8703.22.50
Eligible
Vehicles-Cars-1301cc to 1500cc - Not more than three years old

Total Estimated Cost

LKR 25,494,947.73

(CIF + All Taxes)

Tax Ratio

213.54%

Value Ratio

313.54%

Details

Make
MG
Model
HS
Year
2023
Fuel
Petrol
Engine
1490 CC

Tax Breakdown

CIF (LKR)LKR 8,131,224.00
Gen. Duty (30%)LKR 2,439,367.20
Surcharge (50% of Duty)LKR 1,219,683.60
Excise (XID)LKR 6,630,500.00

4450.00/cc × 1490

SSCL (2.5%)LKR 480,847.43

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

VAT (18%)LKR 3,462,101.50

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

Luxury TaxLKR 3,131,224.00
Total TaxLKR 17,363,723.73

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