hi guys
i live in london and me and my parents are planing to move to sri lanka next year. basically i wanted to start my own car business. used cars in the uk are very cheap for example: a used 2009 ford mustang is around £15,000 which is around 30 laks in ruppees.. also a used 2010 dodge charger is around £13,000 which is around 26 laks in ruppees.. so i know these vehicles are not in the current market for vehicles in sri lanka. so lets say a used 2009 toyota landcruiser in damn good condition is around £9,000 = 18 laks or a used 2010 Mazda RX-8 with lots of custom hardware is 11,000 pounds = 22 laks .. and it sells in sri lanka for around 126 laks do there is huge profit to be made... now what i want to know is how do you import the vehicle what is the tax and duty like?? just tell me about all the basics about car importing to sri lanka (i will really appreciate it).. also i heard about something called a LC.. what is a LC and what is it used for?
please explain the basics of car importing to me
THANKS