Artificial Intelligence (AI) technology will be introduced ensuring the minimising of human intervention in import and export procedures while establishing one clearing centre in collaboration with the Ports and Sri Lanka Customs.

The department has been directed to strengthen IT-based tax administration, and improve capacity development, including a revenue administration diagnostic assessment in addition to the transparency of audit.

Sri Lanka Customs is losing its revenue due to the absence of a proper regulatory mechanism to verify and compare the value of exports from Sri Lanka Customs at the loading port and the unloading port and due to the hardships faced when assessing the values of goods, a senior Finance Ministry official said.