Sri Lanka Customs revenue hits Rs. 1.38 trillion, exceeds target by 30%

Sri Lanka Customs collected Rs. 1,379,084 million in revenue by June 30, 2026, achieving 130% of its expected revenue target, while vehicle imports generated more than Rs. 512 billion in tax revenue during the period.

The figures were presented when Parliament’s Committee on Ways and Means recently reviewed the operations and revenue performance of Sri Lanka Customs.

The Committee meeting was held under the chairmanship of Member of Parliament Wijesiri Basnayake.

Customs officials, including the Director General of Customs, informed the Committee that the expected revenue as of June 30 was Rs. 1,060,559 million. However, actual revenue collected during the period reached Rs. 1,379,084 million.

Officials said Sri Lanka Customs had exceeded its monthly revenue target in every month of 2026 up to the end of June. Revenue collected in each month was also higher than the corresponding month in 2025.

The Committee was also informed that 316,000 vehicles had been imported into Sri Lanka as of June 30, generating Rs. 512,547 million in tax revenue.

According to the information presented, motor vehicle imports accounted for the highest amount of tax revenue, generating Rs. 386,726 million.

Among individual commodity categories generating the highest Customs revenue, petrol-powered motor cars with engine capacities below 1,000cc ranked first.

Imports in this category generated Rs. 137.4 billion, accounting for 9.96% of total Customs revenue.

The Committee also examined the number of containers imported into the country and the procedures followed to inspect them.

Discussions also focused on introducing modern technology to improve the efficiency of Sri Lanka Customs, challenges faced in revenue administration and the institution’s future plans.

Several members of the Committee on Ways and Means attended the meeting, along with officials from the Ministry of Finance, Planning and Economic Development and Sri Lanka Customs.