Decision announced yesterday to lift import ban on tiles suspended today
The Import and Export Control Department has suspended the decision announced yesterday to lift the ban imposed on ceramic items last year.
The ban was imposed as a part of the Government’s prolonged stringent import restrictions from March 2020 due to the coronavirus pandemic.
Prime Minister Mahinda Rajapaksa in his capacity as the Minister of Finance, yesterday issued a gazette notification “deleting” the ceramic items from “Schedule I” of the Imports and Exports (Control) Regulation No. 04 of 2020, published in the Gazette Extraordinary No. 21841/21 dated 16 July 2020, and included them in “Schedule II” of said Gazette.
According to The Morning, Schedule II stipulates that items can be imported only on a minimum 180-day credit facility provided by the foreign supplier, from the date of Bill of Lading or Airway Bill of said goods.
However, issuing a circular, the Import and Export Control Department said the Government’s decision has been suspended until further notice. (NewsWire)