Policy & Regulation Advice

The Government is granted several fiscal incentives to the export sector with the objective of enhancing export earnings of the country. These incentives are offered through the following enactments.

  • Inland Revenue act
  • Value Added Tax Act
  • Economic Service Charge Act
  • Nation Building Tax Act

The government has also imposed cesses on certain items to discourage export of such items in raw form and encourage value added production.

For information on restricted items or items which are prohibited for export from Sri Lanka, please visit www.customs.gov.lk/bonds.htm