Importers await lifting of import ban fully
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Sri Lanka, Nov. 15 -- There had been some 'easing' of the restrictions, as announced, but it is mainly shifting some HS Categories from 'banned' to 'compulsory 90 days or 180 days Credit Terms', said Ceylon Chamber of Commerce, Import Section, Chairman Delano Dias on the current status of the easing of the import ban.Around 749 HS Category goods were banned for a period of three months by Gazette in April which was revised with more HS categories added bringing the 'Banned list to 1,076 in May. "As announced in the April Gazette, after three months, the Government brought down the banned HS categories to 829 by shifting 132 categories up to 180 days credit terms and indicating that the restrictions will remain for another six months," Dia...
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