The government has unveiled a new round of tax hikes on certain imported goods, effective from October 14 to December 31, 2024. Directed by President Anura Kumara Dissanayake, this tax revision aims to bolster local industries and safeguard foreign exchange.
The Finance Ministry confirmed the renewal of a special commodity levy, which expired on October 13. New duties include a levy of 25 cents per kilogram on Mysore and yellow lentils, Rs. 302 per kilogram on Maldive fish and substitutes, and a 10% tax or Rs. 400 per kilogram on fresh or frozen fish, excluding de-boned and processed varieties.
