π Summary
Sri Lanka could be losing hundreds of billions of rupees in potential government revenue annually because of weaknesses in customs supervision of Board of Investment (BOI) enterprises, with duty-exempt imports potentially diverted into the domestic market without payment of applicable taxes, according to a damning assessment by the International Monetary Fund (IMF). The IMFβs Revenue [β¦] The post Rs.1 Trillion Tax Concessions Expose Sri Lankaβs Customs Accountability Crisis appeared first on Lankanews.lk .