Special Commodity Levy imposed on a series of food items
An Extraordinary Gazette Notification has been issued imposing a Special Commodity Levy on several items, including Sprats, Dried fish, Kurakkan flour, mustard seeds and salt.
The Gazette Notification under section 2 of the Special Commodity Levy Act, No.48 of 2007 was issued by the Finance Minister, Basil Rajapaksa, for a variety of products.
Accordingly, a levy of Rs.100 will be imposed on a kilo of sprats and dried fish.
A Rs.50 levy will be imposed on a kilogram of mathe seed.
A levy of Rs.150 will be imposed on a kilo of kurakkan flour, while mustard seeds will be taxed at Rs.62 per kilogram.
The Finance Ministry has also imposed a Rs. 40 levy on salt and pure sodium chloride.
The highest levy has been imposed on butter and dairy spreads.
Accordingly, Rs. 880 special commodity levy will be imposed on one kg of butter and dairy spreads.
H.S. Code | Commodity Item | Special Commodity Levy |
---|---|---|
0305.54.10 | Sprats | Rs. 100.00 per kg |
0305.52.00 0305.53.00 0305.54.90 0305.59.30 0305.59.90 |
Dried Fish | Rs. 100.00 per kg |
0405.10 | Butter | Rs. 880.00 per kg |
0405.20 | Dairy Spreads | Rs. 880.00 per kg |
0405.90 | Other | Rs. 880.00 per kg |
0910.99.10 | Mathe Seeds | Rs. 50.00 per kg |
1102.90.20 | Kurakkan (Eleusine coracana spp.) flour | Rs. 150.00 per kg |
1207.50 | Mustard Seeds | Rs. 62.00 per kg |
2501.00 | Salt (including table salt and denatured salt) and pure sodium chloride | Rs. 40.00 per kg |
Latest Headlines in Sri Lanka
- PUCSL warns CEB: Submit tariff plan by December 6, 2024 or face action November 25, 2024
- ADB approves $200 million to modernize Sri Lanka’s power sector November 25, 2024
- Over 120,000 tourists arrive in Sri Lanka in first 20 days of November 2024 November 25, 2024
- Court orders release of Sujeewa Senasinghe’s SUV on Rs. 100 million bond November 25, 2024
- IMF backs Sri Lanka’s plan to boost revenue with vehicle imports November 25, 2024