Global Trade Alert
Global Trade Alert

Sri Lanka: Exemption from the ports and airport development levy on the import of furnace oil by Ceylon Petroleum Corporation

Announcement

19 Mar 2021

The Sri Lankan Minister of Finance has exempted the Ports and Airport Development Levy on the import of furnace oil by the Ceylon Petroleum Corporation for the production of bitumen.

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Number of interventions

2

1 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

20 Mar 2021

Revocation date:

No revocation date

Updated: 19 Mar 2021
Tax or social insurance relief In force
On 19 March 2021, the Sri Lankan Minister of Finance through extraordinary gazette No. 2219/68 provided a tax advantage to the Ceylon Petroleum Corporation on the production of bitumen. The Minister a...
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Implementation date

20 Mar 2021

Revocation date:

No revocation date

Updated: 19 Mar 2021
Internal taxation of imports In force
On 19 March 2021, the Sri Lankan Minister of Finance through extraordinary gazette No. 2219/68 exempted the imports of furnace oil by the Ceylon Petroleum Corporation from the ports and airport develo...
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