Finance Ministry issues clarification on Special Commodity Levy Gazette

COLOMBO (News 1st); Sri Lanka's Finance Ministry has clarified its position concerning an Extraordinary Gazette that was issued imposing a Special Commodity Levy on several food items.

The statement noted that a new levy was NOT imposed on several food items including Sprats, Dried Fish, Salt, and the validity period of the existing special commodity levy was extended.

It added that the extraordinary gazette issued on the 11th of August 2021 had extended the validity period of the Rs. 100/- Special commodity levy imposed on a kilogram of imported sprats, with no tax revision.

A similar measure was adopted with respect to the other food items mentioned in the extraordinary gazette, said the Finance Ministry.