Cusdec –Goods Declaration Form
Priyanga Kirihena
MBA in SCM(Uni. of Moratuwa ),BB (Mgt )-Uni. of Kelaniya,
MICS (UK) , MISMM(SL),CMILT(UK)
Cusdec preparation and process
Make necessary
Collect Documents payments and Handover the docs
from bank collect the D/O from to clearing agent
shipping Agent
Visit to Customs H/O
long room with hard Log in to customs server
copies of cusdec and Obtain the hard from clearing agent’s
all shipping docs the copies of cusdec office and key in
pay order for import along with necessary shipment
levies and make the assessment notice details
payment at BOC
branch
After deciding the
examination channe,
detach the warrant copy of
Cusdec Appraise Cusdec satisfying the cusdec and release the
balance cusdec copies and
shipping docs to proceed
with clearance
Main Type of cusdecs
TYPE OF CUSDEC Purposes Remarks
Direct import Direct clearance Long room
To-bond Goods receiving to BWH Bonding
division
Re-bond Goods transferring another Bonding
bonded warehouse division
Ex-bond Goods moving out of BWH Bonding
division
TIEP Temporary Imports for Export TIEP Section
purposes
Services Provided by SL Customs trough ASYCUDA System
• ASYCUDA stand for Automated System for Customs Data
• Provides Customs statistics to the public and statutory
bodies
• Provide Importer/Exporter details to enforcements
authorities
• Provide information to RMV for the registration of imported
vehicles
• Monitor the documentation and cargo movements of the
suspected consignments
• Provide import and export details to Inland Revenue
Department
• Provide direct trader input (DTI) facility to traders
Tax Base
• The majority of the rates published in the Tariff
based on the Value of the goods are known as
“Ad- valorem rate”. A rate specifying a Levy,
based on a specified quantity is known as a
“Specific rate”. Sometimes the rate could be a
combination of both. (except when provided
otherwise, the Duty is to be paid at the higher
rate)
Tariff Rates
• Importers & exporters are bound by law to pay
such levies at the rates prescribed in the
respective Tariff lines as published in the Gazette
notifications from time to time.
Fiscal levies (Customs Duties)
• Being at the frontier the Customs is entrusted
with the collection of various fiscal levies.
• In terms of section 10 of the Customs
Ordinance it is empowered for the collection of
Import & Export Duties & these Duty rates are
amended by the Parliament on Gazette
notification.
Other Fiscal Levies
• Apart from Customs Duties on imports & exports
cargo is liable for other taxes such as Cess levy,
Excise (Special Provisions) Duty, VAT, Port, Airport
Development Levy, nation building tax & Special
Commodity Levy
• Royalties, Tea Board Cess, Rubber research,
Coconut product Cess
• These levies are imposed under various
Acts & Enactments in force.
Variation in Tax rates
Applicable general rates of Duty are varied in relation to the
following.
◦ Preferential rates of Duty
Where Sri Lanka has entered into a “ Bi-lateral or Multi-lateral
trade agreement ” with one or more other countries
respectively, preferential rates of Duties are granted to
commodities falling under the respective agreement, and
originating from countries which are signatories to such
agreements. These rates vary according to the agreement,
country of origin and the commodity.
While the general rates are prescribed in all Tariff lines
against all commodities, the preferential rates are
prescribed only for such commodities falling under such
agreements.
Variation in Tax rates contd.
• These rates are applicable only to specified commodities and
only to Imports made from countries specified individually
against the Tariff line.
• Importers are required to submit a special “Certificate of
origin” issued by the respective authority (in most cases by
the Chamber of Commerce) in the country of origin.
• In Sri Lanka, the Department of Commerce act as the
National focal point for the conduct and development of Sri
Lanka’s regional trade relation. Sri Lanka is presently a
member of the following regional trade agreements.
Trade Agreements
• Asia Pacific Trade Agreement (APTA)
• Global System of Trade Preference (GSTP)
• Indo - Sri Lanka Trade Agreement
• Pakistan – Sri Lanka Trade agreement
• South Asian Association for Regional
Corporation (SAARC)
• Agreement of South Asian Free Trade Area
(SAFTA)
• Least Developed Countries (LDC’s) under
SAFTA.
What are the customs charges
In Addition to the charges mentioned in the Tariff
Guide, Rs. 250/- is charged for each and every
customs declaration as computer Charges and Rs.
100/- per containerized cargo as seal charges and
Rs. 1600/- as overtime charges are applicable only
for full container load(FCL) cargo.
How do I pay (Payment instructions, E-Payment facility)
Payment can be made at any Bank of Ceylon
Branch or People’s Bank branch or the payment
can be made online if the consignee has internet
payment facility with those two Banks. Payment
can also be made at the Customs Headquarters
Banks by Bank Drafts.
