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Rs. 1 Trillion Tax Exemptions Expose Dangerous Customs Oversight Gaps

Source: Lanka News
Category: Business
Region: Sri Lanka
Published: November 06, 2026 at 05:03

πŸ“ Summary

Sri Lanka is losing effective control over a substantial portion of its tax-exempt imports, with weaknesses in the supervision of Board of Investment (BOI) enterprises creating opportunities for duty-free goods to enter the domestic market without payment of applicable taxes, an International Monetary Fund (IMF) diagnostic report has warned. The revelations raise serious questions about […] The post Rs. 1 Trillion Tax Exemptions Expose Dangerous Customs Oversight Gaps appeared first on Lankanews.lk .

πŸ”— Read Full Article at Lanka News ✨ Extract Article
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trillion exemptions expose dangerous customs oversight gaps lanka losing effective

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