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Message: <blockquote data-quote="prasanna1992" data-source="post: 29537595" data-attributes="member: 566986"><h3>SL Customs to exceed 2023’s revenue in 2024</h3>Sri Lanka Customs is confident that it will be able to exceed last year’s revenue of Rs.970 billion in 2024 with a whopping Rs. 1.5 trillion as increased Value Added Tax (VAT) coupled with lifted import restrictions since October 2023 (except for several motor vehicle import restrictions) are in place this year, The Daily Morning Business learns.Meanwhile, the Customs revenue collected for 2023 was 138% higher than that of 2022 and the 2023 revenue marks the highest annual total in its history. Per the Customs, it earned its highest-ever monthly revenue in October last year which was Rs.109 billion. Accordingly, the total revenue in the first 10 months of 2023 added up to Rs.760 billion.- the morning</blockquote>

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