Press briefing of Cabinet Decision taken on 2019-01-22

Obtaining approval of Parliament for the Gazette Notifications published under the Revenue Protection Act, No 19 of 1962

- The Gazette Notifications issued under the Revenue Protection Act, No 19 of 1962, revising the import duty should be presented in Parliament for approval. As such, the proposal made by Hon. Mangala Samaraweera, the Minister of Finance & Mass Media to present the Gazette Notifications No. 2079/32, 2092/8 and 2097/36 issued for introducing new H.S code and duty enabling to receive concessions to the local manufactures in levying import duty and revising the import duty on petrol for the adjustment of the fuel price in the country relatively to the decrease in fuel price in the international market, in Parliament for approval, was approved by the Cabinet.