Amendment to Cess on exports in Parliament soon

The Ministerial Consultative Committee on Trade agreed on Thursday to present to Parliament an Order containing an amendment to the Cess applicable to the export of goods under the Sri Lanka Export Development Act.

This Order under the Sri Lanka Export Development Act was published by Trade Minister in an Extraordinary Gazette Notification dated January 21, 2021.The Special Gazette Notification No. 2210/9 issued by the Trade Minister on Cess under Section 14 (1) of the Sri Lanka Export Development Act No. 40 of 1972 will amend the Cess applicable to exports.

The Ministerial Consultative Committee met under the chairmanship Trade Minister Bandula Gunawardena in Parliament on Thursday. MPs Rohana Dissanayake, Nalin Fernando and Marjan Faleel were present at the meeting. This order is due to be presented in Parliament for approval.

(Daily news)

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