Calculate Duty For Your Vehicle - Method I

By using this formula, you can get a rough idea about the duty amount for your vehicle. You need to know the correct FOB price valuation given by the appropriate company.

Duty in SLR = [(FOB Value in JPY) + (Other in JPY)] * Yen rate * (Lap Percentage) * (Tax Percentage)


Other = Usually JPY 100,000/- for most of the vehicles
Yen Rate = Current YEN exchange rate (Today- JPY 1 = SLR1.32)
Lap Percentage = [(3-3 ½ Years) 70%, (2-3 Years) 75%, (1-2 Years) 80%, (1/2-1 Years) 90%]

For an example:

Calculate Duty for Honda Fit Aria (GD8)

FOB Value = JPY 870000 (Valuation given buy Stafford Motors in Sri Lanka)

Tax Percentage = 118% for all 1000CC to 1500CC Petrol Cars

Duty in SLR = [870000 + 100000]* 1.32 * (70/100)* (118/100)


= SLR 1057610/- (3-3 ½ Years)


Like wise you can calculate for the other year ranges too buy changing Lap Percentage value.

= SLR 1133154/- (2-3 Years)

= SLR 1208697/- (1-2 Years)

= SLR 1359785/- (1/2-1 Years)