AreaSri Lanka

Commodity GroupRice

CommodityAll

Date06/01/2017

Policy CategoryTrade

Policy InstrumentImport tariff

DescriptionDecided 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.

NotesExchange rate as of 1 April 2017.