Global Trade Alert
Global Trade Alert

Sri Lanka: Excise duty on ethyl alcohol for producing other goods amended

Announcement

09 Jun 2020

The Sri Lankan government has reduced the excise duty for ethyl alcohol used for the manufacture of sanitiser.

Source

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Number of interventions

4

3 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

09 Jun 2020

Revocation date:

No revocation date

Updated: 09 Jun 2020
Tax-based export incentive In force
On 9 June 2020, Sri Lanka through extraordinary gazette No. 2179/9-2020 announced an indirect incentive for the exports of sanitisers. The government through the gazette reduced the excise duty on imp...
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Updated: 09 Jun 2020
Production subsidy In force
On 9 June 2020, Sri Lanka through extraordinary gazette No. 2179/9-2020 withdrew the excise duty on locally supplied ethyl alcohol when used as an input for the production of sanitiser. Further, the e...
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Implementation date

09 Jun 2020

Revocation date:

No revocation date

Updated: 09 Jun 2020
Internal taxation of imports In force
On 9 June 2020, Sri Lanka through extraordinary gazette No. 2179/9-2020 reduced the excise duty on imported ethyl alcohol if the same has been supplied for the production of sanitiser for exports. The...
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Implementation date

30 Mar 2020

Revocation date:

No revocation date

Updated: 09 Jun 2020
Local content incentive In force
On 9 June 2020, Sri Lanka through Extraordinary Gazette No. 2179/9-2020 withdrew the excise duty on locally supplied ethyl alcohol when it is used for the production of sanitiser. Earlier, an excise d...
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