Extraordinary Gazette Notification from the CBSL on Export Earnings

Date:

The Central Bank of Sri Lanka has issued a special gazette notification imposing rules on the importation of export earnings to Sri Lanka.

Accordingly, foreign exchange earnings from all export goods and services are required to be remitted to Sri Lanka within 180 days of shipment or service.

The money must be converted into Sri Lankan Rupees by the 7th of next month, after the authorized payment has been made.

Read the Gazette Notification

Share post:

spot_imgspot_img

Popular

More like this
Related

Sri Lanka Targets Pharmaceutical Exports amid Industry Growth

In a renewed push to expand its export base,...

South Asia’s Premier Fight League Heads to Colombo, Boosting Sports Tourism

Sri Lanka is set to become the regional hotspot...

Bold Reforms Critical to Sustain Sri Lanka’s Economic Recovery, New Report Warns

Sri Lanka must act urgently to implement bold economic...

UK Duty Relief Offers Respite from US Tariffs on Lankan Apparel Sector

Sri Lanka’s apparel sector has received a significant boost...