Sri Lanka’s Finance Ministry has decided to impose a 100% surcharge rate on both General and Preferential Custom Duty of multiple products with effect from Wednesday (June 01). Imports and Exports Control Regulations on 369 items that could not be imported with...
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The Government of Sri Lanka announced that the excise duty on all varieties of liquor, wine and beer will be increased by 20% as of midnight today (January 03). State Minister of Finance Ranjith Siyambalapitiya said the duty on cigarettes has been increased by 20% from January 1, 2023. A...
In a move which could benefit India-manufactured smaller vehicles, Sri Lanka has lowered down import duties on 800 cc and 1000 cc cars. Sri Lanka has, however, increased duty on high engine capacity cars. “Prices of vehicles above 1,000 cubic centimeter engine capacity will increase following...
Our duty to Sri Lanka, and human rightsDesmond TutuMary Robinson
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Sri Lanka, among other countries, were included in the expanded US General System of Preferences (GSP) scheme on July 1, the Sri Lankan Foreign Ministry said Friday in a statement. The move would enable the duty-free entry of products such as bags, wallets and backpacks in to the U.S....
The Ministry of Commerce of Sri Lanka announced in April 28th that India had provided the duty free import quota for Sri Lanka garments. As a result, Sri Lanka clothing manufacturers can import 3 million garments in India every year, and are not allowed to use fabrics or ports. ...
(GSP), under which Sri Lanka’s apparel exports have duty‑free access to EU countries. However, the EU suspended Sri Lanka’s GSP‑plus [3] status in 2010 on account of its non‑compliance with three United Nations human rights conventions related to the end of the country’s civil...
A serviceman is seen on duty on a street in Colombo, Sri Lanka, on May 11, 2022. Violent protests in Sri Lanka led to the resignation of Prime Minister Mahinda Rajapaksa on Monday. A nationwide curfew was then imposed. (Photo by Gayan Sameera/Xinhua) ...