ANNOUNCEMENT 12 Aug 2014In August 2014, the government of Sri Lanka announced a change in import duties.
NUMBER OF INTERVENTIONS
Please see the Recent Economic Development report of the Central Bank 2014 for details
On 12 August 2014, Sri Lanka increased the Special Commodity Levy on Big onions from Rs. 10 per kg to Rs 25 per kg for 4 months. Also with this notification, the reduced levy of Rs. 5 per kg on red onions initially imposed on 21 November 2013 was extended for another 4 months.
The Levy on big onions was further increased to Rs.35 per kg on 23 August 2014 (See related measure).
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.