ANNOUNCEMENT 07 Feb 2014In February 2014, the government of Sri Lanka announced a change in import duties.
NUMBER OF INTERVENTIONS
Guaranteed Price for Products of Local Potatoes Farmers in the Season of the Harvest
Effective 7 February 2014, the government of Sri Lanka has increased the special commodity levy on imported potatoes from Rs.10 (USD .08) per kilogram to Rs. 25 (USD .19) per kilogram in order to boost the competitiveness of the local potato producers on the local market. The government target is Sri Lanka to 'to be self-sufficient in local potatoes by 2016'.
The levy on potaotoes was reduced later in May 2014 (see related measure).
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.