header logo
Asia asset finance
Mogo Academy
Latest
Govt waives all duties on imported raw material for locally-made sanitary napkins
Oct 02, 202203:32 PM
Govt waives all duties on imported raw material for locally-made sanitary napkins
Mobitel Inner

The government has taken measures to waive duties imposed on five imported raw materials for locally produced sanitary napkins in order to make hygiene products more affordable in view of ensuring hygiene among women and school girls, the PMD said. 

 

In addition, it has also been decided to provide tax concessions for imported finished sanitary napkins as well, the President’s Media Division reported.

 

Accordingly, the price of a pack of 10 sanitary napkins produced locally will be reduced by Rs. 50 to Rs. 60 with these tax concessions, and the maximum retail price of a pack will be Rs. 260-Rs 270.  

 

Additionally, the consumer retail prices of imported finished products will be reduced by 18% or 19%.

 

In accordance with the instructions by President Ranil Wickremesinghe, the government authorities are taking necessary measures to grant duty and tax concessions. Hence, manufacturers should get the recommendation from the Secretary to the Ministry of Industries to get the tax concessions at the import stage of the raw materials and the mechanism has already been formulated. 

 

Accordingly customs import duty of 15%, cess duty of 10% -15% and Port and Airport Development Levy (PAL) of 10% have been waived on importation of five raw materials and import of intermediate goods. 

 

Locally manufactured sanitary napkins are given Zero Rate of VAT. The importers of finished sanitary napkins also get the benefit of Zero Rate of VAT. All these benefits are provided during the crisis period.

 

The local manufacturers had recently requested the government to reduce the duty on the import of raw materials for sanitary napkins due to the fact that high duty levied in tern increase the price of sanitary napkins. 

 

-PMD

 

 

 

MostRead
Mobitel Upahara
VideoStories
 Court orders ex-SIS chief Suresh Sallay to provide Phone and laptop passwords to CID

Court orders ex-SIS chief Suresh Sallay to provide Phone and laptop passwords to CID

Bus fares increased from midnight on July 5 : Minimum fare raised to Rs. 34

Bus fares increased from midnight on July 5 : Minimum fare raised to Rs. 34

32 dengue related deaths reported this year : Public not taking situation seriously

32 dengue related deaths reported this year : Public not taking situation seriously

Sarvajana Balaya leader meets farmers in Medirigiriya : Farmers raise concern over paddy prices

Sarvajana Balaya leader meets farmers in Medirigiriya : Farmers raise concern over paddy prices

“Dengue-related deaths could increase” Health Ministry sets up Dengue Operations Centre and Hotline

“Dengue-related deaths could increase” Health Ministry sets up Dengue Operations Centre and Hotline

No reduction in tuk, school transport service fares despite yesterday's fuel price revision

No reduction in tuk, school transport service fares despite yesterday's fuel price revision

 Seventh IMF review under EFF program in Sept. IMF calls for exchange rate flexibility in Sri Lanka

Seventh IMF review under EFF program in Sept. IMF calls for exchange rate flexibility in Sri Lanka

“Catholic Church influenced Easter Sunday probe” Global Sri Lankan Forum demands independent team

“Catholic Church influenced Easter Sunday probe” Global Sri Lankan Forum demands independent team

President’s recent speech made no reference to actual concerns – MP Dilith

President’s recent speech made no reference to actual concerns – MP Dilith

Ex-SIS chief Suresh Sallay transferred to Cardiology Unit of National Hospital

Ex-SIS chief Suresh Sallay transferred to Cardiology Unit of National Hospital

China's Communist Party marks 105th anniversary; PM Harini praises China's achievements and progress

China's Communist Party marks 105th anniversary; PM Harini praises China's achievements and progress

Colombo EV Motor Show 2026 officially inaugurated

Colombo EV Motor Show 2026 officially inaugurated

Future fuel pricing adjustments under review; Govt aims to provide maximum benefits for consumers

Future fuel pricing adjustments under review; Govt aims to provide maximum benefits for consumers

"No mention of Gotabaya’s name in Easter Attack Comm. reports" Court told during petition hearing

"No mention of Gotabaya’s name in Easter Attack Comm. reports" Court told during petition hearing

Chinese Embassy donates school supplies and dry rations following request by MP Dilith Jayaweera

Chinese Embassy donates school supplies and dry rations following request by MP Dilith Jayaweera

Lassana Flora