Announcement
16 Jun 2016
The Sri Lankan Minister of Finance increased the Special Commodity Levy (SCL) applicable on imports of certain vegetable oil products, including margarine. Further SCL was introduced on imports of Crude Palm Olein. These levy changes are applicable for a period of 6 months.
The levy on these products was last increased in May 2016.
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Number of interventions
2
1 certainly harmful
1 likely harmful
0 liberalising
List of interventions
Implementation date
17 Jun 2016
Revocation date:
19 Jan 2017
Announced: 16 Jun 2016
Import tariff
A Special Commodity Levy (SCL) of Rs. 155 per kg. (~USD 1.07 as on 16 June 2016) was imposed on imports of Crude Palm Olein. Since the SCL is a composite levy, it replaces a general customs duty of 30...
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Implementation date
17 Jun 2016
Revocation date:
No revocation date
Removed: 17 Dec 2016
Import tariff
In force
The Special Commodity Levy was increased by Rs. 20 on the import of soya bean oil, palm oil, sunflower seed oil/safflower/cottonseed oil, coconut/palm kernel/ babassu oil, and margarine. The effective...
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Related State Acts
Announced: 18 Jan 2017
Sri Lanka: Special commodity levy reduced on vegetable oil (January 2017)
Announced: 09 Dec 2016
Sri Lanka: Special commodity levy increased on certain palm oil products (December 2016)
Announced: 12 May 2016
Sri Lanka: Import levy increased on vegetable oils and margarine (May 2016)
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Harmful Trade Policy Measures
This Thread tracks harmful trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.
Published: 04 Sep 2024
70908
interventions
194
jurisdictions