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Cellular Tower Levy

Cellular Tower Levy A tax will be introduced on mobile towers Rate will be Rs.200,000/- per month per tower The levy will be paid monthly by the mobile tower operator

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Excise (Special Provisions) Duty

Excise (Special Provisions) Duty 1) Canned Beer Excise (Special Provisions) Duty applicable on canned beer will be removed. 2) Sugar tax on sweetened beverages Excise duty based on the quantum of sugar...

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Excise Duty under Excise Ordinance

Excise Duty under Excise Ordinance 1) Liquor Alcohol volume based Excise Duty depending on the type of liquor will be introduced as follows: i. Hard liquor – Rs. 3,300/- per litre of alcohol ii. Beer –...

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Government Fees and Charges

Other Fees and Charges The rates of fees and charges of government agencies which have not been revised in last 03 years will be increased by 15%.

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Ports and Airports Development levy (PAL)

Ports and Airports Development levy PAL on the items classified under following HS Codes will be reduced 8415.90.90 8418.91.10 8418.91.208418.99.00 8414.30.00 8450.90.00 8401.40.00 7411.10.00...

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CESS Duty

CESS Duty Cess will be removed on 253 items under the HS Codes specified in Table 1, facilitating the emerging sectors namely, tourism, value adding industries and other industries. Cess will be...

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Customs Import Duty

Customs Import Duty Exemption of Custom Import Duty Importation of Crust (semi processed) leather for further processing (Tanning Industry) and supply of raw materials for leather products industry....

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Economic Service Charge (E S C )

Economic Service Charge ( ESC) [Amendments to ESC Act No 13 of 2006] ESC base for imported motor vehicles will be amended as follows; i. Motor vehicles liable for Excise duty – Payable Excise Duty ii....

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Nation Building Tax (NBT)

Nation Building Tax (NBT) [Amendments to NBT Act No.9 of 2009] Exemptions Importation of non-motorized equipment and accessories for water sports such as Kayaks, Canoes, Kite Surfing, and diving...

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Value Added Tax ( VAT)

Value Added Tax (VAT) [ Amendments to VAT Act No 14 of 2002] Removal of exemptions Import or supply of imported goods set out below will be liable for VAT: Item Description Exempted HS Code Plants...

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CESS Duty

(1) CESS on Beedi leaves will be increased up to Rs.3,500/- per kg.   (2)  CESS on items classified under following HS Codes will be removed. (0408.11.00 0802.32.00 0802.62.00 0810.20.00 0813.10.00...

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Customs Import Duty

Revision of Customs Import Duty (1) Rate of the Custom Import Duty on selected goods will be revised (2)  Unit rate of the Custom Import Duty will be increased by 10% on importation of selected goods...

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Excise (Special Provisions) Duty

(1) Excise Duty on cigarettes will be increased by 12% (2) The exempt quantum of sugar contained in beverages will be revised (3) Excise Duty on palm oil fatty acids will be revised (4) Excise Duty on...

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Finance Act

Carbon Tax  and Luxury Tax on Motor Vehicles are subject to revise with effect from 1st June 2019.    

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Betting and Gaming Levy

Betting and Gaming Levy (Amendments to the Betting and Gaming Levy Act, No.40 of 1988) (1)  Revision of Annual Levy (1.1)   Annual levy for carrying on the business of gaming other than playing rudjino...

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Ports and Airports Development levy (PAL)

(1) With the view of promoting tourism sector and to reduce the upfront cost of local manufacturing industry, PAL on the items classified under HS Codes 0712.20.00, 0712.90.10 and 7801.10.00 will be...

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Economic Service Charge (ESC)

Economic Service Charge (ESC) [Amendments to the ESC Act, No.13 of 2006] (1) Amendment to the definition of the term “distributor” Definition of the term “distributor” will be clarified to include any...

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Nation Building Tax (NBT)

Nation Building Tax (NBT) [Amendments to the Nation Building Tax Act, No.9 of 2009] (1) The exemption on the importation of rough unprocessed gem stones for reexport after cutting and polishing will be...

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Value Added Tax (VAT)

Value Added Tax (VAT) [Amendments to the Value Added Tax Act, No.14 of 2002] (1) The piece based VAT rate applicable on domestic sale of certain garments by the export oriented BOI companies will be...

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Income Tax

Income Tax (Amendments to the Inland Revenue Act, No.24 of 2017) 1.1 Exemptions 1.1.1 The Earnings by any non-resident person on any sovereign bond denominated in local or foreign currency will be...

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