Licences to be revoked if importers fail to settle violation within 30 days

Licences to be revoked if importers fail to settle violation within 30 days

Twenty-nine automobile companies from Yangon, Mandalay and Nay Pyi Taw are warned by the Supervisory Committee for Motor Vehicle Import for violating rules, and are urged to settle their violation within 30 days. The supervisory committee conducted an inspection tour to check whether or not car sales centers abided by the prescribed rules and regulation. They found 29 companies violating the rules. Those companies are urged to settle their violations within 30 days to the supervisory committee, which regulates vehicle registrations, imports and taxation. If those companies fail to settle this, the import licenses of companies’ directors will be revoked and company registration will be cancelled. The Supervisory Committee for Motor Vehicle Import released an official announcement on 16 October 2017 to the effect that the year 2014 would be set as the limit for the oldest models that can be imported in 2018. Only vehicles with left-hand drive are allowed to be imported, under the new policy.

Source – Global New Light of Myanmar

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