ANNOUNCEMENT 07 Nov 2016

Effective 8 November 2016, Sri Lanka through Extraordinary Gazette  1992/9-2016 imposed a Special Commodity Levy (SCL) on Mangosteens, Dried oranges, cherries, plums and soles, kiwifruit and other fruits. Further, the applicable SCL on certain fish products and on green gram was increased. The SCL has been imposed for a period of 6 months. 

Through Extraordinary Gazette No. 2018/2-2017, the SCL as imposed have been extended for a further 6 months.

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
  • 1 neutral
  • 0 liberalising

SOURCE

Extraordinary Gazette 1992/9-2016
http://documents.gov.lk/files/egz/2016/11/1992-09_E.pdf

Extraordinary Gazette 2018/2 - 2017
http://www.documents.gov.lk/files/egz/2017/5/2018-02_E.pdf

Inception date: 08 Nov 2016 | Removal date: 07 May 2018

Import tariff

  • The SCL increased on certain fish products under HS 0302 and 0303 increased from "10% or Rs. 50, whichever is higher" to "10% or Rs. 75, whichever is higher".
  • The SCL increased on green gram (Moong) under HS 0713 increased from "Rs. 10 per kg." to "Rs. 40 per kg.".

The levy on fish was later increased on 7 November 2017, while the levy on green gram has been extended in May 2017 and November 2017.

AFFECTED SECTORS

 
Inception date: 08 Nov 2016 | Removal date: 07 May 2018

Import tariff

A Special Commodity Levy was imposed on the following products at the specified rates -

  • Dried oranges at Rs. 200 per kg. (~ USD 1.35)
  • Mangosteens (fresh or dried) at Rs. 200 per kg. (~USD 1.35)
  • Pears at Rs. 175 per kg (~ USD 1.18)
  • Cherries at Rs. 250 per kg. (~ USD 1.69)
  • Plums and Soles at Rs. 200 per kg. (~ USD 1.35)
  • Kiwifruit at Rs. 250 per kg (~ USD 1.69)
  • Other fruits under HS 0810.90 at Rs. 200 per kg.  (~ USD 1.35)

As per the latest tariff schedule as on 16 May 2017, if unchanged for these products from last year, the duties applicable on imports of the above products before imposition of the SCL were 30% customs duty, 15% Value Added Tax, 7.5% Ports and Airports Development Levy, 2% Nation Building Tax and "30% or Rs. 120 per kg." import cess.

The SCL initially announced for a period of 6 months has been extended on 8 May 2017 and on 7 November 2017.

*Sri Lankan Rupee to USD conversion as on 8 November 2016.