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CEYLON REDUCES DUTY

3rd August 1951, Page 30
3rd August 1951
Page 30
Page 30, 3rd August 1951 — CEYLON REDUCES DUTY
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REDUCED import duties on commercial vehicles were announced, last week, by Mr. J. R. Jayawardene, Finance Minister of Ceylon. The preferential duty on buses and goods vehicles has been reduced from 25 per cent. to 15 per cent., and the general duty from 321 per cent, to 221 per cent. These are the rates which existed before December, 1947.