IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 06 May 2015 | Removal date: open ended
Still in force

Import tariff

 On 6 May 2015, Sri Lanka replaced the Special Commodity Levy on rice imports with an import duty. The levy of Rs. 40 per kg. was replaced with a customs duty of Rs. 35 per kg. However, the Special Commodity Levy is a composite duty on the product and no other tax, duty, cess etc. is applicable on the said product while the levy is valid. This means with the non-applicability of the levy, a Value Added Tax of 11%, Ports and Airport Development Levy of 5%, and Nation Building Tax of 2% will also be levied on rice imports.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

231 Grain mill products
1006 Rice.
100630 Semimilled or wholly milled rice, whether or not polished or glazed
100640 Broken rice

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