The SSLFTA was signed at the Ministerial Level on 23.01.2018 and it came into force on 01.05.2018.The SSLFTA covers goods, services, investment, intellectual properties, telecommunications, e-commerce, trade facilitation, government procurement, competition and economic and technical co-operation.Basic Customs Duties (BCDs) on imports of all products except motor vehicles, liquor & tobacco are free into Singapore on MFN basis.From the market access point of view of Sri Lanka, only 04 products at HS 8 Digits, namely Medicated or Other Samsu-alcoholic products, are included in the Negative List of Singapore.
SSLFTA- at a glance
The Trade Liberalization Programme (TLP)
The TLP of Sri Lanka which includes the Elimination of BCDs, Cess and Ports and Airports Development Levy (PAL) on imports from Singapore is as follows.
Elimination of BCDs
Category-"X"/Negative or No Concession List
Category-"0"/Immediately Zero Duty
W.e.f.01.05.2018
Gzt No :2069/02, Dated 1 st May 2018
Total 3,721Category-"0"/Immediately Zero Duty
W.e.f.01.05.2018-not implemented
Gzt No :2080/02, Dated 19 th July 2018
Elimination of CESS & PAL
CESS | PAL | |||
Type of Staging Category | No.of Tariffs Lines (TLs) | % from TTLs | No. of Tariffs Lines (TLs) at HS 8 Digits | % from TTLs |
Category-"X"/Negative or No Concession List | 1,488 | 20% | 1,488 | 20% |
Category-"0"/Immediately Zero CESS & PAL W,e.f.01.05.2018 | 5,094 | 68.5% | 2,240 | 30.2% |
Category-"10"/Eliminating equally in 5 years from 31.12.2023 to 31.12.2027 | 856 | 11.5% | 3,710 | 49.8% |
Total Tariff Lines (TTLs) | 7,438 | 100% | 7,438 | 100% |
Current Status