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  End 2010 End 2015
Corporate Tax (%)
Standard Rate 28 28
Liquor & Tobacco   40
Taxable Income less than Rs.5.0 Mn. 12 12
Export Income 12 12
Economic Service Charge (ESC) (%)
ESC Rate 0.05-1% 0.0025
(Any ESC Paid is Deductible from any Income Tax / Corporate Tax Payable)
Value Added Tax (VAT) (%)
Standard Rate 12 11
Exports 0 0
Nation Building Tax (NBT) (%) 2 2
Ports and Airports Development Levy (%) 5 5
Telecommunications Levy (%) (other than Internet)   25
Share Transaction Levy (%)   0.3
CUSTOMS DUTY (%)
Inputs / Raw Material 0-5 0
Intermediate Goods 5 or 15 15
Finished and Luxury Goods 30 30
Excise Duty
Cigarettes (Rs. Per 1,000)
Length below 60mm 3465 6975
Length 60-67mm 6973 12675
Length 67-72mm 9811 14660
Length 72-84mm 12108 23750
Length Exceeding 84mm 15000 27240
Motor Vehicles (%)
Motor Vehicles 23-138 50-300
Three - Wheelers
Petrol 4 105
Diesel 14 105
Liquor Duty Structure ( Rs. Per Proof Liter)
Coconut Processed/Molasses Arrack 863 1595
Country Made Foreign Liquor 1003 1860
Malt Liquor (Beer) above 5% in Strength 96 245
Malt Liquor less than 5% in Strength 80 190
Wine (Foreign) 718 1120
Aerated Water (Per Liter) 6 12

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