ANNOUNCEMENT 30 Jun 2017
The Sri Lankan government imposed a Special Commodity Levy of Rs. 5 per kg., which is lower than the import duty, on the imports of broken rice. The levy had been initially imposed for a period of 3 months but was subsequently reduced to Rs. 0.25 per kg.
The Special Commodity Levy is a composite duty on the product and no other tax, import duty, cess etc. is applicable on the said product while the levy is valid.
NUMBER OF INTERVENTIONS
Extraordinary Gazette 2025/44 - 2017
A Special Commodity Levy (SCL) of Rs. 5 per kg. was imposed on broken rice imports for a period of 3 months.
The SCL is a composite levy i.e. it replaces all other applicable import duties and taxes. Earlier, broken rice attracted a customs duty of Rs.50 or 30% (whichever is higher), a 15% VAT, a 7.5% Port and Airport Levy and a 2% Nation Building Tax per kilogram of rice.
The levy has later been decreased to Rs. 0.25 per kg. from 1 August 2017.