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Govt. expands tax exemptions for renewable energy, green manufacturing
Daily FT
|October 17, 2025
IN a move aimed at accelerating the country's transition towards renewable energy and sustainable industrial growth, the Government has announced new regulations granting duty and tax exemptions for the import and local purchase of capital goods used in priority development projects.
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The regulation, issued under the powers vested in Finance, Planning and Economic Development Minister Anura Kumara Disanayake by Section 101(1) of the Customs Ordinance, was published in the Gazette and will take effect from 15 October 2025. It amends the existing 2018 framework to include renewable energy storage as an eligible investment sector under the bonded warehouse facility.
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