ANNOUNCEMENT 22 May 2020

Sri Lanka has reduced the Special Commodity Levy on the imports of Jack and Horse Mackerel.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE

Extraordinary Gazette No. 2176/20
http://documents.gov.lk/files/egz/2020/5/2176-20_E.pdf

Inception date: 22 May 2020 | Removal date: 21 Aug 2020

Import tariff

On 22 May 2020, Sri Lanka through Extraordinary Gazette No. 2176/20 reduced the Special Commodity Levy on the imports of Jack and Horse mackerel (Trachurus spp.) under HS chapter 0303.55 from 10% or Rs. 150 (~USD 0.81) per kg. whichever is higher to Rs. 6 (~USD 0.03) per kg.

The reduced levy will be applicable for a period of 3 months starting on 22 May 2020.

The Special Commodity Levy is a composite levy imposed on imports. While the SCL is levied, no other duties or taxes will be levied on the import of such goods.

*Sri Lankan Rupee to USD as on 22 May 2020 - Rs. 185.61/USD

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