President allows import and re-export of spices with new gazette notification

Date:

March 11, Colombo (LNW): President Ranil Wickremesinghe in his capacity as the Minister of Finance has issued a gazette notification authorising the import and re-export of various spices, including pepper, ginger, nutmeg, and turmeric.

The gazette announcement outlines that pepper, nutmeg, mace, cardamom, ginger, turmeric, and other spices may be imported with the approval of the Controller General of Imports and Exports.

Importers are required to add a minimum local value of 35 per cent before re-exporting the spices.

Share post:

spot_imgspot_img

Popular

More like this
Related

Tourism Industry Unites to Reassure World Sri Lanka Is Ready

In an unprecedented show of industry solidarity, Sri Lanka’s...

Sri Lanka’s Rubber Sector Faces Fresh Strain amid EU Green Push

Sri Lanka’s rubber industry—long considered one of the country’s...

Global Partners Aid Sri Lanka’s Stolen Asset Recovery Drive

Sri Lanka’s renewed effort to recover billions allegedly siphoned...

UN Needs Assessment Drives Targeted Recovery after Cyclone Ditwah

The United Nations has taken a central role in...