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Special commodity levy on imported onions & rice, slashed

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The special commodity levy on imported onions and rice has been reduced with effect from yesterday (March 27).

Thereby, the Special Commodity Levy of Rs. 65 per 1kg of rice has been dropped to Rs. 1 until April 03, 2024.

In addition, the tax levied from imported Rose Onions have been slashed to Rs. 10 per kilogram until April 30, 2024.

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Tamarind prices skyrocket

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A shortage of tamarind in the local market has led to retail prices soaring above Rs. 2,000 per kilogram in the Hatton area, reports say.

The retail price of a Tamarind kilo previously ranged from Rs. 350 – Rs. 400. 
According to traders, the shortage is attributed to a poor tamarind harvest this season.

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New tax percentages for imported vehicles announced

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The government has announced the import tax percentages applicable to vehicles imported from February 2025.

According to the gazette notification issued in this regard, excise duties ranging from 200% to 300% have been imposed on vehicles. 

The gazette, issued by the President in his capacity as the Minister of Finance, is as follows : 

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Rice import deadline ends

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Sri Lanka Customs has announced that 167,000 MT of rice has been imported to Sri Lanka since the government has permitted imports.Customs media spokesman – Seevali Arukgoda has said that this includes 66,000 MT of Red Raw Rice and 101,000 MT of Parboiled Rice.

The deadline for importing rice ended at midnight yesterday (Jan 10).

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