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: 22 Mar 2017 | Removal date: open ended
Still in force

Import tariff

Sri Lanka exempted the below-listed products from payment of import cess. The cess applicable on the products before the exemption was:

  • 25% cess on linear low-density polyethene imported by Silage manufacturers to supply silage to local farmers
  • 10% or Rs. 75 per kg. on tyre casings without markings imported by branded manufacturers for local value addition
  • Rs. 15 to Rs. 30 per kg on rods and bars not further worked than hot-rolled, hot-drawn or extruded and imported by local leaf spring manufacturers

All the above imports require a recommendation from the concerned ministries and an approval from the Director General of Customs to avail a cess exemption.

Sri Lanka imposes an import cess at the percentage rates listed, unless specified as absolute values, on the sum of two values - i) value of the import as calculated for Customs duty at the time of import and ii) value equal to 10% of the import value calculated in 'i'.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

361 Rubber tyres & tubes
4011 New pneumatic tyres, of rubber.
401120 Of a kind used on buses or lorries
412 Products of iron or steel
7214 Other bars and rods of iron or nonalloy steel, not further worked than forged, hotrolled, hotdrawn or hotextruded, but including those twisted after rolling.
721420 Containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling

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