SRI LANKA
ASSOCIATION OF AIR EXPRESS
COMPANIES
ASSOCIATION OF AIR EXPRESS
COMPANIES
Copyright© 2010 SLAAEC. All rights reserved
Incorporated in Sri Lanka under
The Companies Act, No. 17 of 1982
Registration No: N (A) 1458
The Companies Act, No. 17 of 1982
Registration No: N (A) 1458
SRI LANKA
ASSOCIATION OF AIR EXPRESS
COMPANIES
ASSOCIATION OF AIR EXPRESS
COMPANIES
Exchange Rate:
The Sri Lanka Association of Air Express Companies (SLAAEC) consists of all the leading Air Express Companies operating in Sri Lanka and is the sole voice for the industry.
The SLAAEC represents its members in all matters pertaining to the development and improvement of the industry in order to provide a superior service to its customers in Sri Lanka and the rest of the world.
The SLAAEC represents its members in all matters pertaining to the development and improvement of the industry in order to provide a superior service to its customers in Sri Lanka and the rest of the world.
FUEL SURCHARGE
QUICK LINKS
Global fuel prices have been fluctuating for the past few years. As such, all members of SLAAEC have introduced a fuel surcharge to defer part of the increased transportation costs. Most companies use the US Gulf Coast Kerosene type Jet Fuel Spot Price to calculate a fuel surcharge
EXCHANGE RATES
In international transportation, cost inputs are based on cross border transactions in multiple currencies. All express companies therefore bill their customers in a foreign currency and convert based on the exchange rate at the time of billing. The standard currency used is the US Dollar,
VALUE ADDED TAX
NATION BUILDING TAX
Express Exports are exempt from this tax. However, express import services billed in Sri Lanka and customs clearance charges for detained consignments are liable to pay NBT. The current rate for NBT is 3%.
A Zero rating is applied to the Air Express industry for door to door services. However, when a formal clearance for an individual consignment takes place, express companies are liable to pay VAT on the additional clearance charges. In such cases, the VAT payable is 12%
HOLIDAYS IN SRI LANKA
MARCH / APRIL 2012
Mar 07 - Full Moon Poya Day
Apr 06 - Full Moon Poya Day
Apr 12 - Day Prior to Sinhala &
Tamil New Year
Apr 13 - Sinhala & Tamil New
Year
MARCH / APRIL 2012
Mar 07 - Full Moon Poya Day
Apr 06 - Full Moon Poya Day
Apr 12 - Day Prior to Sinhala &
Tamil New Year
Apr 13 - Sinhala & Tamil New
Year
PLATINUM SPONSOR
COLOMBO CARGO EXPRESS
COLOMBO CARGO EXPRESS
GOLD SPONSOR
LINEX
LINEX
SILVER SPONSOR
SRI LANKAN AIRLINES
SRI LANKAN AIRLINES
BRONZE SPONSOR
SLT RAINBOW PAGES
SLT RAINBOW PAGES
