header logo
Asia asset finance
Mogo Academy
Latest
Revised tax policy on postal shipments to EU countries
Jul 01, 202111:52 AM
Revised tax policy on postal shipments to EU countries

The revised tax policy on postal shipments to countries under the European Union (EU) will come into effect from today (July 01).

 

The new tax policy will apply to all postal items except letters addressed to 26 EU countries, Post Master General Ranjith Ariyaratne said.

 

As per the notification from the EU, the tax policy applies to postal consumers, online retailers, and online merchandise of postal goods to EU countries.

 

Accordingly, for all postal items worth less than Euro 150, the sender is required to pay the VAT directly to the relevant country belonging to the EU, the Post Master General said in a statement.

 

Goods valued at more than Euro 150 will be subject to other customs policies in addition to the country’s tax policy, so all taxes on postal items will be levied at the destination.

 

However, in case of non-payment of VAT and operating fees, the customer will be liable for any further action taken by the Postal Administration or Customs of the country concerned.

 

Post-Master General Ariyaratne has informed the public that the Sri Lanka Postal Department is not responsible for any such taxes or other taxes.

 

 

 

MostRead
Mobitel 5g
VideoStories
Yoshitha Rajapaksa released on bail following arrest by the Bribery Commission

Yoshitha Rajapaksa released on bail following arrest by the Bribery Commission

Political debate intensifies over Suresh Sallay detention and CID conduct

Political debate intensifies over Suresh Sallay detention and CID conduct

Court of Appeal to consider Former President Gotabaya Rajapaksa’s petition tomorrow

Court of Appeal to consider Former President Gotabaya Rajapaksa’s petition tomorrow

 Cabinet gives nod to secure US$ 200 million in ABD funding for infrastructure and housing projects

Cabinet gives nod to secure US$ 200 million in ABD funding for infrastructure and housing projects

 “Gotabaya’s arrest will be determined by evidence” CID responsible for Easter attacks probe: Govt.

“Gotabaya’s arrest will be determined by evidence” CID responsible for Easter attacks probe: Govt.

 Dengue infections surpass 42,000; Special dengue control program to be held in schools this week

Dengue infections surpass 42,000; Special dengue control program to be held in schools this week

“Sallay not in critical condition” CID declines request to grant daily legal access to Suresh Sallay

“Sallay not in critical condition” CID declines request to grant daily legal access to Suresh Sallay

CID informs court of probe into contempt allegations against six persons including ex-Ministers

CID informs court of probe into contempt allegations against six persons including ex-Ministers

Govt. has obtained US$ 1.85 bln in foreign loans since assuming power, Finance Ministry data shows

Govt. has obtained US$ 1.85 bln in foreign loans since assuming power, Finance Ministry data shows

"Govt. has no development plans" Dilith Jayaweera says common man is being burdened on a daily basis

"Govt. has no development plans" Dilith Jayaweera says common man is being burdened on a daily basis

"Different virus spreading rapidly at the moment" Officials raise alarm over surge in dengue cases

"Different virus spreading rapidly at the moment" Officials raise alarm over surge in dengue cases

El Niño expected to gradually impact Sri Lanka, experts warn

El Niño expected to gradually impact Sri Lanka, experts warn

Dengue cases surge in Sri Lanka with over 40,000 patients recorded this year

Dengue cases surge in Sri Lanka with over 40,000 patients recorded this year

Sri Lanka Navy launches new book showcasing nation’s maritime heritage

Sri Lanka Navy launches new book showcasing nation’s maritime heritage

Special Dengue Prevention Week in Colombo from June 15 to 21

Special Dengue Prevention Week in Colombo from June 15 to 21

Lassana Flora