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2. Amendment of section 2 of Part I of the Finance Act…

Official English translation. The Sinhala text prevails. Open the official Sinhala text, official PDF on documents.gov.lk

The Finance Act, No. 11 of 2002 (hereinafter referred to as the “principal enactment”) is hereby amended in section 2 of

Part I of that Act, (Port and Airport Development Levy) by the substitution for the words “on the cost, insurance and freight value of that article.” of the words “on the cost, insurance and freight value of that article:

Provided that in the case of an article imported into Sri Lanka, for the purpose of processing and re-export, the levy on the cost, insurance and freight value of that article shall be charged and levied at the rate of 0.75 per centum.”.