IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
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Inception date: 21 Jul 2015 | Removal date: 19 Sep 2015

Import tariff

 On 21 July 2015, Sri Lanka decreased the Special Commodity Levy on imports of crude oils of soyabean, palm and sunflower from Rs. 105 (USD 0.78) per kg. to Rs. 90 (USD 0.673) per kg. The levy was last increased in June 2015 and later increased in September 2015 (See related measures).
 
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.

LKR to USD conversion as on 21 July 2015 - LKR 133.77 / USD

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

216 Vegetable oils
1511 Palm oil and its fractions, whether or not refined, but not chemically modified.
151110 Crude oil

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