Sri Lanka, March 4 -- The government has decided to remove the CESS levy on goods and material imported under 2,600 identified HS codes over a four-year period.

Accordingly, the Cabinet of Ministers has granted approval to the proposal to remove the CESS levy on 2,634 HS codes over a four-year period from 2026 to 2029.

The cabinet paper in this regard was tabled by the President in his capacity as the Minister of Finance, Planning and Economic Development.

Published by HT Digital Content Services with permission from Ada Derana....