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

Thriving as a Lawyer in the AI Era

Nalinda Indatissa, President's Counsel. The legal profession is at a...

A Silent Guardian of Sri Lanka’s Agriculture and Environment

Colombo LNW : Despite the many dimensions of Sri...

A 40-year odyssey: Four friends, one unbreakable bond

For four friends, life began in the bustling corridors...

The Wisdom to Let Live: Land, Faith, and the Courage of Restraint

By Roger Srivasan Long ago, an ancient parable told...