Special Commodity Levy Act 2007 · As enacted
2. Imposition of Special Commodity Levy
Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.
Official translationFrom Department of Government Printing, unchanged
From and after the date of the coming into operation of this Act, there shall be imposed a levy to be called the
“Special Commodity Levy” on certain commodity items which shall from time to time be specified by the Minister by
Order published in the Gazette.
The period of validity of every such Order and the rate of the Special Commodity Levy to be imposed in respect of each such specified item, either on ad valorem or specific basis, shall also be specified in the Order.
Every Order made under subsection (1) which is valid for a period of over thirty days, may be amended or varied by adding thereto or removing therefrom any item or by revising the rates specified therein.
No Order made under subsection (3) may be amended or varied until the expiration of thirty days from the date of the making thereof.
The Special Commodity Levy so imposed shall be a composite levy and during the period any Order published in terms of subsection (1) is in force, no other tax, duty, levy or cess or any other charge imposed in terms of any of the laws specified in the Schedule to this Act, shall be applicable in respect of the commodity items specified in any such Order.