Sri Lanka, Nov. 4 -- Sticky Rice and Jasmine Rice will now be subject to a combined import tax of Rs. 280 per kilogram, replacing the previous Special Commodity Levy of Rs. 65, following a government tax revision.

Accordingly, the government has removed the Special Commodity Levy of Rs. 65 per kilogram imposed on selected categories of imported raw and parboiled rice, with effect from November 3.

The change was introduced through a gazette notification issued by President Anura Kumara Dissanayake in his capacity as the Minister of Finance, Planning and Economic Development.

Under the revised tax structure, the affected rice varieties will be subject to a combination of applicable import taxes, including Customs Import Duty, Value Adde...