Govt. loses Rs. 3 Bn custom duty from import of 3,000 Toyota Hilux Smart Cabs: COPA

Free and Open Access to

Public Finance Data and Analysis

data-chart

Govt. loses Rs. 3 Bn custom duty from import of 3,000 Toyota Hilux Smart Cabs: COPA

The Government has incurred a loss of Rs. 3 billion as the Customs Department had levied less customs duties intended for singles cabs when the Toyota Hilux Smart Cabs were imported by the Customs.

https://www.dailymirror.lk/latest_news/Govt-loses-Rs-3-Bn-custom-duty-from-import-of-3-000-Toyota-Hilux-Smart-Cabs-COPA/342-216600

Daily Mirror

2021-07-22

Related News and Insights

Government introduces new expenditure and relief t...

On 05 December 2024, the government presented supplementary estimates totalling LKR 219.4 billion for the year, which was not included in the original 2024 budget. Supplementary allocations are typically introduced to address unforeseen emer...

Public debt grew more slowly in the first three qu...

Sri Lanka’s public debt rose at a slower pace in the first three quarters of 2024 compared to the same period in 2023. Whilst domestic debt and foreign increased, the growth was notably lower than in the previous year.

SL exits ’Restricted Default’ rating

Fitch Ratings upgraded Sri Lanka's Long-Term Foreign-Currency IDR to 'CCC+' from 'RD' and the Local-Currency IDR to 'CCC+' from 'CCC-', citing reduced default risk after completing in...