9. Cambiar la Propiedad de Archivo
13.2. Patrones Básicos
Changes in the NBT Rate
Turnover of rice manufactured out of locally produced paddy is reduced to 1.5% (w.e.f. 01.07.2009 but prior to 01.04.2011)
Excepted Articles/Services for NBT
Importation of gold excluded from NBT (with effect from 01.03.2010)
The plant, machinery and equipment imported for the use of large scale infrastructure development projects which have been approved by the Hon Minister of Finance as beneficial for the economic development of Sri Lanka on temporary basis on condition that goods will be re-exported after the completion of work, and the services obtained from foreign consultancies in respect of these projects.
Import of chicks for breeding under HS code 0105.11.10 and other chicks under HS code 0105.11.20, 0105.11.90 with effect from 13.10.2010.
Export Development Rebate paid through the Department of Commerce with effect from 01.07.2010
Any international event approved by the Minister of Finance (with effect from 12th
May 2010) Import of foreign currency notes and HS codes 4907.00.90 (with effect from 01st
June 2010) Import of chicks for breeding, other chicks meal of fowls eggs and egg yolk with effect from
Proposal
Rate changes (effective 23 November 2010)
Telecom / ICT/ BPO Industry
Customs duties on software have been removed. The WTO decision on the valuation of carrier media containing software for data processing equipment will be implemented.
HS Code Prevailing rate ( % ) Proposed rate ( % ) 8517.11 15.00 8517.12.90 15.00 8517.18 5.00 8517.61 15.00 or 5.00 8517.62.10 15.00 8517.62.90 5.00 8517.69 30.00 or 5.00 8528.41 5.00 8528.51 5.00 8528.61 5.00 8443.32.40 5.00 8536.69.10 30.00 8536.90.10 15.00 Free
Confectionary and Bakery Products Manufacturing
Customs duty on certain raw materials used for the production of confectionary / bakery products to be removed or reduced as follows:
HS Code Prevailing rate ( % ) Proposed rate ( % )
11.09.00 30.00 Free 2106.90.30 30.00 15.00 1302.31 15.00 Free 1302.32 15.00 Free 1302.39 15.00 Free 1302.20 05.00 Free 0404.10 30.00 15.00 1805.00 30.00 15.00
Agriculture Sector
To improve agriculture through new technology and post harvest storage and transportation systems, Customs duties on related goods will be abolished/reduced while nurturing the local industries.
HS Code Prevailing rate ( % ) Proposed rate ( % ) 7309.00.10 15.00 7308.90.10 30.00 8479.89.40 Free Free 3923.10.30 30.00 15.00 8201.10 15.00 5.00 8201.20 15.00 5.00 8201.30.10 15.00 5.00 8201.30.90 15.00 5.00 8201.40 15.00 5.00 8201.50 15.00 5.00 8201.60 15.00 5.00 8201.90 15.00 5.00
Health, Pharmaceuticals and Cosmetics (including Ayurvedic products)
Customs duties on naso gastric tube feeding preparations to be abolished and custom duties on certain glass and plastic bottles used for packing of pharmaceuticals and cosmetics including Ayurvedic preparations and process will be reduced.
HS Code Prevailing rate ( % ) Proposed rate ( % )
2106..90.96 30.00 Free
7010.90.10 15.00 5.00
3923.30.10 30.00 15.00
Vehicles assembly
To support vehicle assembling industry, with local value addition, Customs duty on parts and components will be reduced.
HS Code Prevailing rate ( % ) Proposed rate ( % )
Customs duly will be abolished on instruments and apparatus for health, education and scientific research, covered under the Chapter 90 of the Harmonized System.
Tourism and Construction Industry
Customs duties on selected goods (such as vehicles referred to as “Motor homes”) and raw materials goods and will be reduced.
HS Code Prevailing rate ( % ) Proposed rate ( % )
6802.23 30.00 5.00 6802.91.10 30.00 5.00 7214.10.90 30.00 15.00 7214.91.10 30.00 15.00 7214.91.20 30.00 15.00 7216.21 30.00 10.00 3903.90.10 Free 5.00 3905.21 15.00 5.00 3906.10.10 15.00 5.00 3907.50.90 15.00 5.00 8703.32.93 30.00 15.00 8703.32.94 30.00 15.00 8703.32.95 30.00 15.00 8703.33.71 30.00 15.00 8703.33.79 30.00 15.00 Branded Products
No import duties and VAT for internationally branded items in order to promote Sri Lanka as an attractive destination for international shopping (only liable for PAL and NBT).
HS Code Prevailing rate ( % ) Proposed rate ( % ) 8516.32 8516.33 8516.50 8516.60.10 8516.90.10 8516.71 8516.72 8516.79.20 30.00 8517.11 8521.10 8521.90 15.00 8527.91 8527.92 30.00 8528.72.41 8528.72.91 15.00 9101.91 9101.99 Free 9105.11 9105.19 30.00 Free
9207.10 15.00 8414.51 30.00
Electric and Highbred Electric Vehicles
To reduce the cost of fuel and damage to the environment, use of electrically operated vehicles and highbred electric vehicles will be encouraged by reducing prevailing Customs duty to a lower duty, on all such vehicles covered within the Chapter 87 of the Harmonized System as follows.
Proposed Prevailing 15% 30%
15% 15%
5% zero
Depreciation table for used motor vehicles
The depreciation table for the used motor vehicles of HS headings 87.01, 87.02,87.03, 87.04 and 87.11 will be revised as per the WTO Valuation Agreement.
Depreciated FOB value Period of Use Proposed Prevailing HS Code 87.03 HS Codes 87.01,87.02, 87.04 and 87.11
Less than or equal 6 months 90% Nil Nil
6 months to 1 year 80% 90% 90%
1 year to 1.5 years 75% 80% 80%
1.5 years to 2 years 70% 80% 70%
2.5 years to 3 years 60% 75% 60% 3 years to 3.5 years 55% 70% 55% 3.5 years to 4 years 50% 60% 50% 4 years to 4.5 years 45% 55% 50% 4.5 years to 5 years 40% 50% 50% 5 years to 5.5 years 35% 40% 35% 5.5 years to 6 years 40% 30% 6 years to 6.5 years 40% 25% 6.5 years to 7 years 40% 25% Over 7 years 30% 40% 25% New Exemption
Imports of goods to a specific project carried on, out of foreign funds or donations received by the Government as approved by the Minister giving regard to the economic benefit to the country
Negative list
The duty free imports on concessions granted by BOI agreements will be applicable only if local supplies of the following are unable to meet the required quantities.
- Cement
- Asbestos Sheets
- Spare parts for Motor Vehicles - Wires & Cables
- PVC Pipes & Fittings - Paints
- Furniture including pantry cupboards - Steel
Upgrading of systems & facilitation of operations
Proposal
The Customs has initiated an project to upgrade its existing ICT system to the advanced version of the ASYCUDA World software package. This system is expected to introduce the following administrative changes,
Reduction in the number of copies of CUSDEC’s from 5 to 2 in order to minimize the high transaction costs
As a part of the new features in the aforesaid software, it is proposed to introduce the cargo accounting function which was abandoned sometime back. A centralized electronic copy will be shared among various customs divisions so that shipping agents are not required to submit hard copies to each customs office.
Reductions in the number of visits required to be made to the Customs
Electronic Data sharing of Customs data with the Census & Statistics Department and other government institutions. This is expected to reduce the frauds taking place in VAT refunds and vehicle registration.
In additions the following action plan is proposed in facilitating the operations at Customs,
Minimize the time for import clearance by implementing a risk criteria formulated, based on cargo intelligence techniques in order to ensure that violations of such criteria will be examined whilst allowing those complying to clear up faster.
Introduction of a simplified procedure to register individuals with the Customs Computer System
Using ICT to further reduce the forgeries in import cargo clearance process Introducing Electronic Payment Facility for CUSDECS
Reception of electronic regulatory approvals
An electronic reception ( a web based system) to transmit duty waivers granted by the Treasury to the Customs
Introduction of exclusive customs bonded areas. To establish this area a designated geographical zone will be set – up to deposit import cargo without paying duties and thus will result in lowering costs incurred in establishing bank guarantees for bonded cargo. These bonded warehouses will introduced with electronic communication and monitoring systems for effective management and flow of bonded goods.
Comment
This software package is primarily aimed at developing an effective and efficient customs administration which is essential to the welfare of any country. This system will fast track the customs clearance and will combat any fraud, and illegal trafficking of prohibited and restricted goods.
This system will provide vital statistics on foreign trade essential for economic planning and encourages international trade.
Proposal – Excise (Special Provisions) Act No. 13 of 1989
Excise Duty rates have been revised to take into consideration the removal of Regional Infrastructure Development Levy (RIDL) and Social Responsibility Levy (SRL) on imports The concessions given to public sector employees have been published in Gazette Order
bearing number 1680/25 dated 19 November 2010 Prevailing
Section 3 of the Excise (Special Provisions) Act No. 13 of 1989 imposes Excise Duty on every article manufactured or produced in Sri Lanka at rates published in Gazette Orders from time to time.
Goods purchased from Custom Duty free shops are not liable to the duty. The Minister has the power to grant exemptions from Excise Duty by Order published in the Gazette.
Comment
This revision of Exchange Duty rates is to compensate for the erosion of revenue due to removal of RIDL and SRL on imports.
Proposal – Excise Ordinance
Excise duty rates applicable under Section 22 (1) of the Excise Ordinance have been revised as follows:
The new rates have been notified by Gazette Order bearing number 1680/23 dated 19 November 2010 (Effective 23 November 2010)
Revisions have been made to License fees imposed under Sections 25 and 32 of the Ordinance.
The new rates have been notified by Gazette Order bearing number 1680/24 dated 19 November 2010 (Effective 23 November 2010)
Manufacture, Possession and Sale
The following amendments to be made to Section 15 (b) of the Excise Ordinance: “No toddy producing tree shall be tapped except Kitul & Palmyrah.”
Prevailing
Duties on excisable articles are imposed by Section 22 (1) of the Excise Ordinance (Chapter 52) by resolution from time to time at different rates depending on the place where the article is removed for consumption. The Ordinance broadly relates to Intoxicating Liquor and Intoxicating Drugs.
Presently Section 15(b) of the Ordinance does not exempt Kitul & Palmyrah.
Section 32 read with Section 25 of the Excise Ordinance grants power to the Minister to make rules for the purpose of carrying out the provisions of the Ordinance. Furthermore, it grants the Minister the power to issue notifications declaring any such change of rules. Accordingly, licenses, permits or passes are granted on the fulfillment of the criterions as mandated by law.
Description Prevailing Proposed
Molasses, Palmyrah, Coconut and Processed Arrack Rs. 710 per proof litre
Rs. 813 per proof litre
“Foreign” spirits – country made Rs. 840 per proof litre
Rs. 953 per proof litre
Malt liquor (absolute strength less than 5%) Rs. 63 per litre Rs. 80 per litre Malt liquor (absolute strength more than 5%) Rs. 79 per litre Rs. 96 per litre
Proposal
It has been proposed to exempt the following from liability to PAL
o imports of goods to a specific project carried on our carried out of foreign funds or donations received by the Government as approved by the Minister giving regard to the economic benefit to the country
o International events approved by the Minister of Finance to be exempt from all taxes other than Income Tax (namely Customs Duty, VAT, NBT, Cess ,PAL, SRL, Excise Duty and RIDL with effect from 12 May 2010
o Import of foreign currency notes under HS Codes 4907.00.90 to be exempt from VAT, PAL and NBT with effect from 01 June 2010
o Importation of chicks for breeding under HS Code 0105.11.10 and other chicks, meat of fowl eggs and egg yolk under HS Codes 0105.11.20, 0105.11.90 to be exempt from Customs and Import Duties, VAT, SRL, Cess ,PAL and NBT on imports with effect from 13 October 2010
Prevailing
Ports and Airport Development Levy (PAL) was introduced by Finance Act No. 11 of 2002. PAL is charged on every article originating outside Sri Lanka and imported into Sri Lanka. The rates have been varying from 1% to 5% from time to time & at present the levy is 5%.
Comment
The exemptions that have been granted exemption from PAL seeks to complement exemptions proposed on most other taxes such as Customs Duty, Cess, Excise Duty, VAT, NBT etc