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Duty-free permit (or Duty-free vehicle permit or Motor Vehicle Permit on Concessionary Terms) is a permit issued by the Treasury of the Government of Sri Lanka that allows its holder to import a vehicle into Sri Lanka on duties concessions or exempt from certain taxes.
Customs may be very strict. Goods valued up to US$500 [24] brought in by plane and up to US$300 by sea or land are free of duties and taxes, cellphones and laptop computers are duty free regardless of their value only one per passenger, clothing and other personal use items are free of taxes. Above those values, tax is 50% of the value of all ...
Tax benefits. Members claim tax exemptions on their pay and allowance as it has been deemed an honorarium. [4]Duty free verticals. A member who has served for more than two and half years are entitled to import a high value luxury vehicle with without paying import duty that is normally charged under a duty free permit each term of office.
In 2020, Singer (Sri Lanka) emerged as the market-leading seller for Dell laptops in Sri Lanka. [9] Due to the COVID-19 pandemic, increased incidences of remote work and distance education arrangements, the demand for consumer electronics rose and the company posted LKR16.7 billion in sales in the second quarter of 2020. [10]
Sri Lanka's cabinet approved issuing free tourist visas to visitors from 35 countries including China, India and Russia, a top official said on Thursday, in an effort to boost tourism and help ...
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Sri Lanka's cabinet approved issuing free tourist visas to visitors from seven countries including China, India and Russia, a statement issued by the media ministry said on Tuesday, to boost ...
Being a center for trade in the Indian Ocean since antiquity, however, the history of collection of customs duties in Sri Lanka dates far back as the second century BC. [citation needed] "According to the inscription of King Gajaba I (112-134 A.D.) the customs duty collected from the Godapavata Harbour had been donated to the Godapavata monastery.