As enacted

Contents

12. Amendment of the First Schedule of 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 is hereby amended in Part II thereof as follows:-

(1)

in paragraph (a) of that Part, -

(a)

by the repeal of item (i) and the substitution therefor of the following:-

“(i) wheat, wheat flour or powdered milk;”;

(b)

by the repeal of item (iii) and the substitution therefor of the following:-

“(iii) ayurvedic preparations which belong to the Ayurveda Pharmacopoeia or ayurvedic preparations (otherthan cosmetic preparations) or unani, siddha or homeopathic preparations (other than cosmetic preparations identified under the Harmonized Commodity

Description and Coding System

Numbers for custom purposes) and raw materials for such preparations with the recommendation of the Commissioner of Ayurveda;”;

(c)

by the repeal of item (viii) and the substitution therefor of the following:-

“(viii)

agricultural tractors or road tractors for semi-trailers prior to January 1,

2014;”;

(d)

in item (xxii), by the repeal of sub item (vi)

and the substitution therefor of the following:-

“(vi) bowsers, bulldozers, graders, levelers, excavators, firefighting vehicles, gully bowsers, semi-trailers for road tractors, machinery, equipment used for garbage disposal activities or garbage trucks;”;

(e)

by the addition immediately after item (vii)

the following new item:-

“(viii) ties and bows or designer pens;”;

(f)

by the addition immediately after item (xxiii)

of the following items:-

“(xxiv) frozen bait, fish hooks/rods/ reels , fishing tackle and marine propulsion engines identified under the

Harmonized

Commodity

Description and Coding System

Numbers for Custom proposes.;

(xxv)

copper cables for telecom industry -

- imported where such copper cables are not available is Sri Lanka; or -

-purchased from a local manufacturer.”.

(2)

in paragraph (b) of that Part:-

(i)

by the repeal of item (xiii) and the substitution therefor of the following item:-

“(xiii) imported unprocessed timber logs, ships , rattans or any article subject to the Special Commodity Levy under the Special Commodity Levy

Act, No. 48 of 2007 subject to the condition that such goods are sold by the importer himself without any processing except adaptation for sale;”;

(ii)

by the repeal of item (xxxi) and the substitution therefor of the following:-

“(xxxi) telecommunication services subject to the telecommunication levy under the Telecommunication

Levy Act, No. 21 of 2011;”;

(iii)

by the addition immediately after item (xLvi)

of the following new items:-

“(xLvii) desiccated coconut, rubber, latex, tea including green leaf, rice, rice flour, bread, eggs , liquid milk so far as such products are manufactured locally;

(xLviii)

machinery or equipment for tea or rubber industry or agricultural tractors or road tractors for semi-trailers, so far as such products are manufactured locally;

(xLix)

services by any headquarters or regional head offices of institutions in the international network relocated in Sri Lanka as exempted for income tax purposes under section 7 of the Inland Revenue

Act, No. 10 of 2006, so far as such receipts are in foreign currency received.

(L)

locally manufactured ayurvedic preparations which belong to the

Ayurveda Pharmacopoeia or

Ayurveda preparations (other than cosmetic preparations) or unani, siddha or homeopathic preparations (other than cosmetic preparations).”.

(3)

in item (xvi) of paragraph (c) of that Part by the substitution for the words “machinery identified under” of the words and figures “machinery prior to January 1, 2014 identified under”.

Read on from s 13