Categories
General

Practically US$ 79 million earned from Duty Totally free Shops at KIA

By Lal Gunesekera

The Bonds Division of the Customs Department had a income collection of Rs. 7.three billion in 2009. A sum of US$ 56,978,451 was earned from the duty totally free shops at the arrivals lounge of the Katunayake International Airport (KIA) and US$ 22,570,509 from the departure lounge with total income earned becoming US$ 78,548,960. The Bonds Investigation Unit (BIU) recovered a total of Rs. 54,534,000 last year.

The Investor Facilitation Centre (INFAC) earned revenue of Rs. 10,664,211,070 from Board of Investment (BOI) enterprises with duty recovered from cancellation of agreements getting Rs. 12,766,307.

The Customs at the KIA had a income collection of Rs. 452,853,349 last year, even though Rs. 84,316,750 was collected mainly from currency circumstances (Rs. 30,315,241) and gold jewellery instances which was Rs. 28,795,405.

Also in the course of the year (2009), the Customs Narcotics Manage Unit (NCU) produced two noteworthy detections resulting in the seizure of 2kg 798 grams of heroin concealed in potatoes and continued to maintain its surveillance on all flights arriving from source nations and suspected airports. The NCU performed joint operations with the Police Narcotics Bureau at KIA, Air Cargo, LCL Warehouses and Container yards.

Given that 1984, the NCU has seized 385.723 kg of heroin with the biggest seizure of 62.607 kg becoming in 1990. Among the other narcotics that have been seized considering that 1984 was hashish (88.904 kg), opium (95.98 kg), cannabis 2.45 kg), cocaine (9.018 kg) and hashish oil (.0028) in 1994.

The Excise (Specific Provisions) division collected Rs. 47,996.88 million throughout final year (2009) mainly from cigarettes (Rs. 37,670.16 million) and petroleum (Rs. 7,854.18) and also recovering Rs. 600,000 from 20 Court circumstances.
&gt&gt Full Story

Categories
General

Sri Lanka tourist arrivals overtake Maldives

Dec 19, 2012 (LBO) – Sri Lanka’s tourist arrivals which rose 16.five percent to 883,353 in the eleven months to November 2012 from a 12 months earlier, has outstripped that of Maldives which welcomed 866,310 tourists up only 2.four percent. Sri Lanka has seasoned a tourism boom since the finish of a war in 2009, whilst the Maldives has seen political turmoil and also a far more up market place model dependent on Europe