As enacted

Contents

3. Amendment of the First Schedule to the principal enactment

Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.

The First Schedule to the principal enactment as last amended by Act, No. 13 of 2017 is hereby further amended as follows:-

(1)

in Part I of that Schedule-

(a)

by the substitution for the item (XLVI)

thereof, of the following:-

“(XLVI) (a) locally manufactured coconut oil at the point of sale by the manufacturer, for a period of three years commencing from

January 1, 2014;

(b)

locally manufactured coconut milk, coconut oil, poonac, pairing, coconut shells or coconut water at the point of sale by the manufacturer, for a period of three years commencing from

April 1, 2018;”;

(b)

by the substitution for item (L) thereof, of the following item:-

“(L) for any period commencing prior to the date of commencement of this (Amendment) Act, liquor identified under the Harmonized

Commodity Description and

Coding Numbers for customs purposes and liable to Custom Duty under the Revenue Protection Act,

No. 19 of 1962 and Cess under Sri

Lanka Export Development Act, No.

40 of 1979 on the importation, or

Excise Duty under the Excise

Ordinance (Chapter 52) on the manufacture, as the case may be, including such manufactured liquor in the stock that remains unsold as at October 25, 2014, which would have been otherwise liable to the same Duty, if manufactured after

October 25, 2014.”;

(c)

by the addition immediately after (LI), the following new items:—

“(LII) importation of non-motorised equipment and accessories for water sports including Kayaks, Canoes,

Kite surfing and diving;

(LIII)

non-powered equipment and accessories for aero sports including hang gliding, ballooning, dirigibles, parachuting and para-gliding, classified under Harmonized

Commodity Description and

Coding Numbers for customs purposes at the point of importation;

(LIV)

importation of gem stones for the purpose of re-export upon being cut and polished; and

(LV)

importation of equipment for greenhouses and polytunnels and materials for the construction of greenhouses by any grower of agricultural products or plants of any type, subject to the condition that such items are not manufactured in Sri Lanka, and are approved by the Director-General, Department of

Fiscal

Policy on the recommendation of the Secretary to the Ministry of the Minister assigned the subject of Agriculture.”;

(2)

in Part II of that Schedule—

(a)

in paragraph (a) of item (ii) thereof by the substitution for the words and figures

“April 1, 2017, supply of electricity” of the words and figures “November 1, 2016

supply of electricity;

(b)

in paragraph (c) of item (vii) thereof, by the substitution for the words

“a construction sub-contractor,” of the words and figures “a construction sub-contractor or if such service is provided under a contract agreement executed prior to August 1, 2017, a construction contractor or a sub-contractor”; and

(c)

by the addition immediately after the item

(XXXiX)

of the following new item:—

“(xl) with effect from April 1, 2018, any service provided by Sri Lanka

Deposit

Insurance

Scheme established by regulations made under the Monetary Law Act,

(Chapter 422).”.

Read on from s 4