Trade and markets
 

Detail

Area
Sri Lanka
Commodity Group
Rice
Commodity
All
Date
06/01/2017
Policy Category
Trade
Policy Instrument
Import tariff
Description
Decided that a Special Commodity Levy (SCL) of LKR 15 per kilo (USD 99 per tonne) would be imposed on imports of semi/wholly milled rice. The levy would replace all previously applicable charges on imports, including a tariff of LKR 50 per kilo (USD 332 per tonne), a 15 percent of Value Added Tax (VAT), a 7.5 percent of Port and Airport Development Levy (PAL), and 2 percent Nation Building Tax (NBT). The measure will be effective for three months starting from 7 January 2017.
Notes
Exchange rate as of 1 April 2017.