ANNOUNCEMENT 01 Mar 2016

In March 2016, the government of Sri Lanka announced a change in import duties.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



Extraordinary Gazette 1956/10 - 2016
http://documents.gov.lk/Extgzt/2016/PDF/Feb/1956_10/1956_10%20E.pdf


Inception date: 01 Mar 2016 | Removal date: 30 Jun 2016

Import tariff

 Effective 1 March 2016, Sri Lanka increased the Special Commodity Levy on the import of certain Potatoes from Rs. 15 to Rs. 35 per kg. and on Big Onions from Rs. 5 to Rs. 25 per kg. The Order is valid for 4 months.
The levy on these items was last decreased in November 2015 (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.

AFFECTED SECTORS