Professional Documents
Culture Documents
USD Mn
400
350
355
300
250
200
173
213
230
245
265
150
100
50
0
2006
2007
2008
2009
2010
2011
Development Permit
(Building approvals)
(if applicable)
Customs Duty, VAT and PAL Exemptions on imports of capital goods (for large scale undertakings)
For the importation of project related plant, machinery or equipment, the applicable Customs Duty, VAT and PAL will be
deferred/ exempted during the project implementation period, and the said deferment will be treated as an exemption on the
fulfillment of the conditions specified by the Board of Investment of Sri Lanka.
Registration Criteria :
if turnover of a quarter is
Rs. 50 Mn. or more subject to a
ceiling of Rs. 30 Mn. Per quarter
Telecommunication Levy
On the value of
supply services
10%
Computers : Exempted
Other
-Export Oriented : Differ
-Local Market: 12%
(for large scale projects VAT
will be differed during the
project implementation
period)
5%
October, 2013