Essayer OR - Gratuit
Advocata...
Daily FT
|July 08, 2025
Until June, it said, incoming parcels were taxed under an informal 'per kilo' system, where agents declared goods as personal effects and paid a flat fee.
-
This unofficial arrangement was manageable until a surge in cross-border shipments, driven by platforms like Temu, AliExpress, and eBay, overwhelmed the system.
In response, the Customs scrapped the workaround, informing the public that they are now using the 'correct' instrument. Tax is now levied at the level of individual items. Every parcel's contents must be individually declared by the Harmonised System (HS) code to the Customs. At current volumes, this is impossible. The result translates into severe backlogs, consumer frustration, and growing pressure on Customs officers. Small and Medium Enterprises (SMEs) are also suffering, as they often source critical inputs from these platforms.
Cette histoire est tirée de l'édition July 08, 2025 de Daily FT.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Daily FT
Daily FT
Reform momentum critical for Sri Lanka: IMF Resident Rep.
Speaking at Softlogic Stockbrokers Investor Forum, urges shift from stabilisation to transformation through trade liberalisation, digitalisation and labour market reform Emphasises fiscal credibility, rebuilding buffers, Central Bank independence and stronger governance Says sustaining EFF track record vital for investor confidence and protecting vulnerable groups
3 mins
February 24, 2026
Daily FT
Is racism dead, dying or alive and kicking?
AS citizens, we must realise that this country will never develop into a state of peace and prosperity so long as the evil of racism and racist attitudes persist among the people.
4 mins
February 24, 2026
Daily FT
IRD introduces Privilege Card for compliant individual taxpayers
THE Inland Revenue Department (IRD) has introduced a Privilege Card scheme for individual taxpayers as a measure to recognise and reward those who meet specified compliance and payment criteria.
2 mins
February 24, 2026
Daily FT
Why data centres?
IN the aftermath of the hype overdrive that was the AI Impact Summit in Delhi, this question carries with it the risk of being called all kinds of names.
4 mins
February 24, 2026
Daily FT
Minister admits inferior coal supplied, denies fraud in tender process
AGRICULTURE Minister K.D. Lalkantha yesterday acknowledged that inferior quality coal had been supplied under a recent tender, but rejected allegations of fraud or corruption in the procurement process.
1 min
February 24, 2026
Daily FT
Batik Air resumes Colombo-Kuala Lumpur flights from 30 March with four weekly services
BATIK Air will relaunch operations to Sri Lanka from 30 March with four weekly flights between Colombo and Kuala Lumpur, restoring direct connectivity that industry stakeholders say will support tourism, trade, and cargo flows between the two countries.
1 mins
February 24, 2026
Daily FT
Sajith claims ninth coal shipment below standard, questions output
OPPOSITION Leader Sajith Premadasa yesterday alleged that the ninth coal shipment imported to the country is of inferior quality, citing real-time operational data.
1 min
February 24, 2026
Daily FT
Gulf Air ups Colombo flights to 10 weekly on strong Ramadan demand
GULF Air, the national carrier of the Kingdom of Bahrain, has increased flight frequencies between Bahrain and Colombo to 10 flights per week from daily operations.
1 mins
February 24, 2026
Daily FT
Banks step up AML controls as Sri Lanka braces for critical mutual evaluation
SRI Lanka's banking leaders said the country's upcoming third Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) mutual evaluation is a make-or-break moment for the financial system, warning that a negative outcome would severely damage credibility and access to global funding.
1 mins
February 24, 2026
Daily FT
Vidullanka adds 6MW to national grid
VIDULLANKA PLC celebrated the opening of its newest solar facility, the 6MW Madampe solar plant, on 21 February.
1 min
February 24, 2026
Listen
Translate
Change font size

