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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.
Sri Lanka Customs (Sinhala: ශ්රී ලංකා රේගුව, romanized: Shri Lanka Reguwa, Tamil: இலங்கை சுங்கச் சாவடி) is a ministerial government department in Sri Lanka. The main functions of the department are, Collection of revenue; Prevention of revenue leakages and other frauds
Until 2019, tariffs provided the third major contribution to the government tax revenue with nearly 20%. [17] However in 2019, the Sri Lankan government implemented measures to curtail import expenditure and to promote exports in order to avoid the trade deficit. [18] Subsequently, the import levy imposed on the imports also reduced from 19% to ...
The level of customs duties is a direct indicator of the openness of an economy to world trade. However, there may also be import barriers that are not based on the levy of duties. The following table shows the tariff rate, in percentages, according to United Nations Conference on Trade and Development (UNCTAD) , [ 1 ] World Trade Organization ...
The Ministry of Trade, Commerce and Food Security [2] (Sinhala: වෙළඳ, වාණිජ හා ආහාර සුරක්ෂිතතා අමාත්යාංශය; Tamil: வர்த்தக, வாணிப மற்றும் உணவுப் பாதுகாப்பு அமைச்சு) is the Sri Lankan government ministry responsible for "Promotion of ...
Head of government Ministerial title Refs Montague Jayawickrama: United National Party: 23 March 1960: 1960: Dudley Senanayake: Minister of Nationalised Services, Shipping and Transport [5] T. B. Ilangaratne: Sri Lanka Freedom Party: 23 July 1960: Sirimavo Bandaranaike: Minister of Commerce, Trade, Food and Shipping [6] P. B. G. Kalugalla: Sri ...
An import license is a document issued by a national government authorizing the importation of certain goods into its territory. Import licenses are considered to be non-tariff barriers to trade when used as a way to discriminate against another country's goods in order to protect a domestic industry from foreign competition.
This category contains articles about the government departments of the Government of Sri Lanka. For articles about other bodies controlled by the Sri Lankan government see: Category:Government ministries of Sri Lanka; Category:Government agencies of Sri Lanka