News Today: Sri Lanka Customs achieves 117 percent expected revenue target, marking a major milestone in national trade and import revenue growth.

As of September 30, 2025, they had achieved 117 percent of the expected revenue target, marking a remarkable milestone in the nation’s economic performance.

According to officials, the expected Customs revenue as of September 30 was Rs. 1,485 billion, while the actual collection reached Rs. 1,737 billion by that date. These achievements were revealed at a recent meeting of the Parliamentary Committee on Ways and Means, chaired by Member of Parliament Wijesiri Basnayake.

Officials informed the Committee that Customs revenue had shown a consistent monthly increase compared to the previous year. By October 14, 2025, the highest revenue share came from vehicle imports, which generated Rs. 587.11 billion, accounting for 37 percent of total revenue by that date.

The import data showed that 55,447 motor cars brought in Rs. 474.26 billion in duties. In addition, 7,331 goods transport vehicles earned Rs. 48.67 billion, while 142,524 motorcycles and 15,035 three-wheelers added Rs. 30.37 billion and Rs. 15.10 billion, respectively. Further, 1,679 passenger transport buses and vans contributed Rs. 12.66 billion to total Customs revenue.

Beyond current achievements, officials also highlighted future targets and modernization initiatives. Sri Lanka Customs has taken steps to introduce a new e-tendering digital system for the auctioning of confiscated goods. This digital transformation is expected to improve transparency, efficiency, and accessibility, setting a valuable precedent for other State institutions.

The meeting was attended by Deputy Ministers Prof. Ruwan Ranasinghe and Eranga Weeraratne, along with Members of Parliament Ajith P. Perera, Sujeewa Senasinghe, Sujith Sanjaya Perera, Sunil Biyanwila, and Champika Hettiarachchi. Customs Director General Seevali Arukgoda and senior officials also participated, underscoring the importance of continued reforms to strengthen revenue administration and support Sri Lanka’s economic recovery.