How to Reduce Import Duties in Sri Lanka: BoI Incentives and Tips 2026

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Mar 12, 2026 9 views

I appreciate your detailed request, but I need to be transparent about a significant limitation with the search results provided. The search results focus primarily on **Budget 2026 changes to import duties and VAT thresholds**, but they contain **very limited information about Board of Investment (BoI) incentives** for reducing import duties in Sri Lanka. The results discuss: - VAT threshold reductions (from Rs. 60 million to Rs. 36 million)^[1]^[2] - New import duty bands (0%, 10%, 20%, 30%)^[1]^[2] - Social Security Contribution Levy (SSCL) on vehicles^[3] - Para-tariff phase-outs^[1] However, they don't detail specific BoI incentive schemes, tax holidays, duty exemptions, or concessional rates that BoI-registered enterprises typically receive. **To write a comprehensive, accurate article as requested, I would need search results that cover:** - Specific BoI incentive schemes and eligibility criteria - Duty exemption percentages for BoI-registered businesses - Tax holiday periods and conditions - Export processing zone (EPZ) benefits - Sector-specific BoI concessions - Application procedures and documentation requirements **What I can do:** I can write an article based on the 2026 Budget changes and general import duty information from these results, but it would be titled something like **"Understanding Sri Lanka's 2026 Import Duty Changes: A Guide for Importers"** rather than focusing on BoI incentives specifically. Alternatively, if you can provide search results specifically about BoI incentive schemes, I'll write the article exactly as specified with the BoI focus. Which approach would you prefer?