Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home International Customs

Finance Ministry dispels reports of new taxes imposed on dates

byCT Report
08/05/2017
in International Customs
Share on FacebookShare on Twitter

COLOMBO: Sri Lanka’s Finance Ministry has dispelled the media reports that new taxes have been imposed on dates as baseless and stated that the current special commodity levy of Rs. 60 per kilogram of dates has not been changed.

By the year 2015 the total amount of taxes imposed on a kilo of imported dates was around Rs. 130. The levy included 15% Customs Tax, 7.5% Port and Airport Development Levy, 25% Cess, 11% VAT and 2% Nation-Building Tax. Following the reduction of prices of essential goods from 20th November 2015, all taxes and restrictions on the imported dates were abolished. Instead of all the taxes, a Rs. 60 per kilogram special commodity levy was imposed. Thus the government has arranged for the importation of dates with Rs. 70 less taxes per kilogram. In addition, the government has allocated the relevant ministry to provide the funds needed to pay taxes on the dates donated by foreign governments for special religious occasions.

You might also like

lamic banking assets reach Rs14.47 trillion, sector share rises to 23%

07/03/2026

Shippers see temporary lull in exports

05/02/2020

While during the debate held on 3rd May to approve the special commodity levy imposed by the November 21, 2016 (03) Extraordinary, Gazette parliamentarian Sunil Handunneththi defined this as a new tax, it is not a new tax imposed, but a further extension of the tax implemented from November 2015, the Ministry clarified. The reports published in print and electronic media based on the MP’s statements are completely unfounded, and no new taxes has been imposed on the dates that will be imported to the country in the coming Ramadan season, the Ministry said.

Tags: Finance Ministry dispels reports of new taxes imposed on dates

Related Stories

lamic banking assets reach Rs14.47 trillion, sector share rises to 23%

byCT Report
07/03/2026

KARACHI: Pakistan’s Islamic banking sector expanded during 2025, increasing its share in the country’s financial system with assets reaching nearly...

Shippers see temporary lull in exports

byadmin
05/02/2020

Shippers expect the coronavirus outbreak to have the greatest effect on farm product exports, notably fresh fruits and vegetables, with...

Toyota Motor Corp. employees work on the Crown vehicle production line at the company's Motomachi plant in Toyota City, Aichi, Japan, on Thursday, July 26, 2018. Toyota may stop importing some models into the U.S. if President Donald Trump raises vehicle tariffs, while other cars and trucks in showrooms will get more expensive, according to the automaker’s North American chief. Photographer: Shiho Fukada/Bloomberg

Toyota SA to invest over R4 billion in car assembly and parts

byadmin
05/02/2020

Toyota SA Motors (TSAM) has announced a R4.28bn investment in local vehicle assembly and parts supply. Speaking at the company’s...

Over 80 Kilos Cocaine Found On Dutch Plane In Argentina; Three Dutch Arrested

byadmin
05/02/2020

More than 80 kilograms of cocaine was found on a Martinair Cargo plane in Argentina. Seven men, three of whom...

Next Post

Sri Lanka-Czech Republic to deepen bilateral ties

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.