Dedicated Court for Customs to prevent decay of cargo
Urgent need to improve warehouse facilities
The Government is planning to set up a special
court for the Customs Department enabling speedy clearance of cargo
under customs investigations and litigation, Deputy Finance Minster
Ranjit Siyambalapitiya said.
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Duty on credit card transactions creates stir
THE banking sector is up in arms against the
imposition of a stamp duty on credit card transactions. According to
Act No 12 of 2006, it will commence charging a stamp duty at the
rate of Rs. 10 for every Rs. 1000 or part thereof spent monthly on
credit cards.
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Touchwood out of the woods
The Colombo Stock Exchange (CSE) yesterday
decided to resume trading with Touchwood Investment Ltd. shares
which was suspended on Monday.
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