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Government Raises Taxes on a few Imported Goods

Government Raises Taxes on a few Imported Goods

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The government has announced that taxes on certain imported goods will increase from October 14 to December 31, 2024.

This decision was made under the guidance of President Anura Kumara Dissanayake, who also holds the position of Finance Minister.

As part of the new policy, a special merchandise tax will be applied to specific imports. Whole and flaked Mysore lentils, as well as yellow lentils, will now be taxed at 25 cents per kilogram.

In addition, a special commodity levy of Rs. 302 per kilogram has been placed on maldive fish and its alternatives. Fresh or frozen fish, excluding de-boned or processed fish, will be taxed at 10% or Rs. 400 per kilogram, whichever amount is higher.

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