SCL on imported sugar increased by Rs. 10 per kilo to protect local industry
Sri Lanka will increase the Special Commodity Levy on imported sugar by Rs. 10 per kilogram under its 2027 Budget. President Anura Kumara Dissanayake announced the measure to protect domestic producers, reduce tax disparities and ensure fairer competition between locally manufactured and imported sugar.
The Special Commodity Levy (SCL) on imported sugar will be increased by Rs. 10 per kilogram to protect the domestic sugar industry and reduce the tax disparity between locally produced and imported sugar.
The proposal, announced by President Anura Kumara Dissanayake in the 2027 Budget, aims to create a level playing field for domestic sugar producers and importers.
The Government said the increase is intended to ensure fair competition and more balanced tax treatment between locally produced and imported sugar.
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Source : Daily Mirror Online
