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Relief-related import regulations approved by COPF

The Parliamentary Committee on Public Finance (COPF) has approved the Regulations Issued under the Imports and Exports (Control) Act, No. 1 of 1969, post consideration. The COPF Committee took into consideration the Regulations issued under the Imports and Exports (Control) Act, No. 1 of 1969 (as amended) during a meeting of the Committee on Public Finance, chaired by MP Harsha de Silva, in Parliament yesterday (06 Jan). Accordingly, Regulations issued under the Imports and Exports (Control) Act, No. 1 of 1969(as amended), were presented to the Committee seeking approval to enable tax exemptions, streamlined procedures, and the swift clearance and…

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