The Hon. S.M. Marikkar
Hon. S.M. Marikkar questioned the Prime Minister on the Government’s policy regarding the import of refined and unrefined coconut oil and the applicable tax regime. He asked whether the provisions of the Gazette dated 01 January 2024 apply to such imports, whether VAT and the Social Security Contribution Levy are payable when unrefined coconut oil is imported, refined, and sold locally, and what procedure the Government uses to collect those taxes.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 Hon. Speaker, this is my Question to the Hon. Prime Minister.
¶ 02 1. What is the Government policy on the import of refined and unrefined coconut oil to Sri Lanka and the taxation thereon?
¶ 03 2. In imposing such taxes on import, do the provisions contained in the Gazette dated 2024.01.01 apply?
¶ 04 3. If so, when importing unrefined coconut oil, refining it and selling it in Sri Lanka, are VAT and the Social Security Contribution Levy (SSCL) payable?
¶ 05 4. If so, what is the Government procedure for collecting such taxes?
Provenance
- Source
- Hansard, Wednesday, 5 February 2025 ·No. 1739175806099814 ·English daily/uncorrected Hansard
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/lk/speeches/26745
Cite as: The Hon. S.M. Marikkar. 10th Parliament, Parliament of Sri Lanka. Hansard, 5 February 2025. No. 1739175806099814. Politick, https://staging.politick.io/lk/speeches/26745