Announcement
16 Jun 2016
The Sri Lankan Minister of Finance increased the Special Commodity Levy (SCL) applicable on imports of certain vegetable oil products, including margarine. Further SCL was introduced on imports of Crude Palm Olein. These levy changes are applicable for a period of 6 months.
The levy on these products was last increased in May 2016.
Source
Number of interventions
2
1 certainly harmful
1 likely harmful
0 liberalising
Implementation date
17 Jun 2016
Revocation date:
19 Jan 2017
Implementation date
17 Jun 2016
Revocation date:
No revocation date
The Special Commodity Levy was increased by Rs. 20 on the import of soya bean oil, palm oil, sunflower seed oil/safflower/cottonseed oil, coconut/palm kernel/ babassu oil, and margarine. The e...
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