ANNOUNCEMENT 31 May 2018
Sri Lanka has increased the import levy on certain vegetable oils.
NUMBER OF INTERVENTIONS
Extraordinary Gazette No. 2073/37
On 31 May 2018, Sri Lanka through Extraordinary Gazette No. 2073/37 increased the special commodity levy on various vegetable oils by Rs. 20 as follows:
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.
This levy has been announced for a period of 6 months commencing 1 June 2018. However, it was later increased on 24 August 2018. The levy on these products was last increased on 14 December 2017 (See related State Acts).