The government has received the cabinet approval to abolish the import control levy charged on tea imported for re-export in line with 2017 budget proposals.
The government earlier charged a 1 percent import control levy on imported tea. Instead of the levy the government has proposed charging a license fee of Rs. 1000 for each license issued in this regard.
Some tea exporters want to import cheaper tea from other tea producing countries such as Kenya and blend it with Sri Lankan tea to export.
Accordingly, the cabinet has approved a joint proposal made by Minister of Plantation Industries Naveen Dissanayake and Minister of Development Strategies and International Trade Malik Samarawickrema to abolish the above levy by removing item No – 46 from the schedule 01 of the extraordinary gazette no 1953/28 dated 11.02.2016, and to charge a license fee of Rs. 1000 for each license issued in this regard.