Colombo: The Sri Lankan delegation led by Export Development and International Trade Minister Prof. G. L. Peiris has been able to reduce the export duty from 35% to 20% which was imposed on betel and also to cancel the quota method which was existi
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Kotte: The Department of Inland Revenue has exceeded its income target for the first two months of this year by Rs. 600 million, Deputy Finance Minister Ranjith Siyambalapitiya announced in Parliament yesterday.
He said they were optimistic the
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Colombo: The government has decided to construct new headquarters for Sri Lanka Customs at a cost of Rs 4.5 billion. The Cabinet has granted its approval to a Memorandum submitted by President Mahinda Rajapaksa, who is also the Minister of Finance
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Colombo: A successful integration meeting between Sri Lanka and Japan Customs Brokers' Chief M.S.M. Niyas and Takashi Tsuji President, Osaka Customs Broker Association and Acting President, Japan Customs Brokers Association was held in Osaka, Japan
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Posted on: Wednesday, February 01, 2006 ; 12:45 IST
Colombo: The Government has slapped an additional customs duty of Rs. 10 per kilo on imported wheat flour and increased the customs duty on imported rice from Rs. 9 to Rs. 20 per kilo with immediate effect.
The Government has taken this decisio
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Colombo: Sri Lanka Customs Department has introduced electronic cargo clearance for selected importers under its gold card scheme.
A senior official of the Customs, explaining the new system, which is effective from this month told Lankapuvath
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Colombo: Details of a transhipment racket in the apparel industry connecting errant businessmen have been revealed. The Commerce Department is keeping a close eye on local companies.
The Customs has seized 45,000 pieces of garments from China h
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RPTL signs power pact with western region power utilities
Reliance Power Transmission (RPTL), subsidiary of Reliance Infrastructure, India’s largest private sector enterprise in power utility, has signed power transmission agreement with eight entities from western India for two inter-state power transmission projects.
RPTL signed the agreement through its two Special Purpose Vehicles (SPVs) for the projects under the Western Region System Strengthening Scheme-II (WRSSS-II), entailing an investment of INR18 billion, for establishing 400 KV double circuit transmission lines of around 1,500 kms, mainly in Maharashtra Continue
