ANNOUNCEMENT 02 Dec 2014

On 2 December 2014, the Sri Lanka Ministry of Co-operative and Internal Trade amended the Special Commodity Levy on certain products. 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.

NUMBER OF INTERVENTIONS

2

  • 1 harmful
  • 0 neutral
  • 1 liberalising
Inception date: 02 Dec 2014 | Removal date: 01 Jan 2015

Import tariff

The levies were reduced on: "Other - Green gram(Moong)" reduced from Rs. 70 to Rs. 40 per kg. All types of sugar was reduced from Rs. 33 to Rs. 28 per kg.

AFFECTED SECTORS

 
Inception date: 02 Dec 2014 | Removal date: 01 Jan 2015

Import tariff

The levies were increased on: Other potatoes from Rs. 15 to Rs. 20 per kg. Big Onions from Rs. 35 per kg to Rs. 50 per kg. The levy on Big onions was last increased on 23 August 2014 and later decreased in January 2015. The levy on potatoes was later decreased to Rs. 10 per kg. on 12 December 2014