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Customs revenue down by 30% – Min. of Finance

byCT Report
21/06/2019
in Uncategorized
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COLOMBO : Finance minister Mangala Samaraweera states that Sri Lanka Customs revenue has dropped by 30% during the first 5 months of 2019. The Minister revealed this at a ceremony yesterday (June 19) to grant appointment letters for 134 Custom Assistant Superintendents.

The customs department brought in Rs 912bn in 2018, which accounts for 54% of the total tax revenue. However, the department failed to achieve the projected tax revenue of Rs1,065bn for 2018.

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Minister Samaraweera noted that plans are being drawn up to make structural changes in the Customs Department. The changes include the introduction of a new Customs ordinance as well as the reestablishment of the Customs Maritime Unit.

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