ANNOUNCEMENT 14 Oct 2011

In October 2011, the government of Sri Lanka announced a change in import duties.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE



Official notification
http://www.customs.gov.lk/tariff/scl141011.pdf

Ministry of Finance -
"A Special Commodity Levy Imposed on Imported Agricultural Products such as Green Gram, Black Gram, etc to Protect Domestic Farmers."
http://www.treasury.gov.lk/news-and-events/214-a-special-commodity-levy-imposed-on-imported-agricultural-products-such-as-green-gram-black-gram-etc-to-protect-domestic-farmers.html


Inception date: 14 Oct 2011 | Removal date: 12 Feb 2012

Import tariff

 On 14 October 2011, Sri Lanka increased the Special Commodity Levy on imports of green gram from Rs. 15/kg to Rs. 30/kg. and on crushed or ground chillies from Rs. 25/kg. to Rs. 40/kg. Also the levy was introduced on black gram at Rs. 90/kg., on cowpea at Rs. 75/kg. and on Millet at Rs. 30/kg. This levy is valid for 4 months. The Special Commodity Levy is a composite duty on the product and no other tax, duty, cess etc. is applicable on the said product.
 
According to the press note of the ministry of finance, the levy has been introduced/increased to protect and encourage domestic farmers. 

AFFECTED SECTORS