Levy on imported Jack and horse mackerel reduced

August, 26, 2020

The Finance Ministry recently announced that it has made an order to waive- off the balance amount after collection Rs.6 per kg from the applied special Commodity Levy of 10% or Rs.150 per kg whichever is higher on Jack and horse mackerel.

According to the Extraordinary Gazette issued by the Finance Ministry, the order will be applicable for a period of 3 months commencing from 22 August 2020.

The order is made under Section 5 of the Special Commodity Levy Act No.48 of 2007.