Tag: Raises Sugar Tax
Budget 2027: Sri Lanka Slashes Import Levies on Sprats and Chilies, Raises Sugar Tax
Sri Lanka has announced targeted revisions to the Special Commodity Levy (SCL) on key imported food items as part of its 2027 Budget Speech, aiming to balance household cost-of-living relief with domestic market adjustments. Taking effect immediately from November 13, 2026, the updated tariff structure reduces import duties on everyday culinary staples while increasing the […]