Home/Toyota Corolla
Toyota Corolla
2024 Model

Quick Specs

Petrol
1490 cc /
HS: 8703.22.50

Toyota Corolla

Model CodeMZEA17

Get an instant, detailed tax estimation for the 2024 Toyota Corolla. 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

Toyota Corolla 2024

HS Code

8703.22.50

Fuel & Spec

Petrol | 1490 cc

Category

sedan

DescriptionRate / DetailAmount (LKR)
CIF ValueBase Value6,437,219.00
General Duty30%1,931,165.70
Surcharge (Temp)50% of General Duty965,582.85
Excise Duty (XID)LKR 4,450 per cc6,630,500.00
SSCL (2.5%)Base: (1.1×CIF + Duty + Surch. + XID) = 16,608,189.45415,204.74
VAT (18%)Base: (1.1×CIF + Duty + Surch. + XID) = 16,608,189.452,989,474.10
Luxury Tax> 5,000,000.00 @ 100%1,437,219.00
Total Payable Tax14,369,146.39
Total Cost20,806,365.39

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

Total Estimated Cost

LKR 20,806,365.39

(CIF + All Taxes)

Tax Ratio

223.22%

Value Ratio

323.22%

Details

Make
Toyota
Model
Corolla
Year
2024
Fuel
Petrol
Engine
1490 CC

Tax Breakdown

CIF (LKR)LKR 6,437,219.00
Gen. Duty (30%)LKR 1,931,165.70
Surcharge (50% of Duty)LKR 965,582.85
Excise (XID)LKR 6,630,500.00

4450.00/cc × 1490

SSCL (2.5%)LKR 415,204.74

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

VAT (18%)LKR 2,989,474.10

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

Luxury TaxLKR 1,437,219.00
Total TaxLKR 14,369,146.39

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