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Sri Lanka to eliminate CESS, Port and Airport Levy
As a primary step to improving Sri Lanka's deeper connectivity with foreign trade and global markets, the budget 2024 proposes to eliminate non-tariff import taxes, including import CESS, Port, and Airport Levies.
President Ranil Wickremesinghe's aid easing of these taxes will be phased out through 3 to 5 years.
He also said steps will be taken to further modernize the customs laws to prepare the customs laws of Sri Lanka according to global best practices.
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