Posted on February 19th, 2021
Courtesy Hiru News The Monetary Board has issued Rules as published in the Gazette Extraordinary No. 2215/39 dated 18.02.2021 in respect of receipt of export proceeds into Sri Lanka and conversion of such export proceeds into Sri Lanka Rupees.
Accordingly, following Rules are imposed with effect from 18 February 2021 until further notice.
1. Every exporter of goods shall:
(i) receive the export proceeds in Sri Lanka in respect of all goods exported within hundred and eighty (180) days from the date of shipment, and
(ii) forthwith submit all related documentary evidence on each and every receipt of export proceeds in respect of every export of goods made, to the respective Licensed Commercial Bank or the Licensed Specialized Bank (hereinafter referred to as Licensed bank”) that receives such proceeds in Sri Lanka.
25% of export proceeds must be converted to LKR; says CBSL
25% of export proceeds must be converted to LKR; says CBSL
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Colombo (News 1st); The Monetary Board has issued Rules as published in the Gazette Extraordinary No. 2215/39 dated 18.02.2021 in respect of receipt of export proceeds into Sri Lanka and conversion of such export proceeds into Sri Lanka Rupees.
Accordingly, following Rules are imposed with effect from 18 February 2021 until further notice.
1. Every exporter of goods shall:
(i) receive the export proceeds in Sri Lanka in respect of all goods exported within hundred and eighty (180) days from the date of shipment, and
Constitutional Protection of Environment: The cherished Role of Our Judiciary dailynews.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailynews.lk Daily Mail and Mail on Sunday newspapers.
21 February, 2021
The Sultanate of Oman and theDemocratic Socialist Republic of Sri Lanka commemorated the 40th Anniversary of the establishment of diplomatic relations on February 17.
To mark this momentous occasion, Foreign Minister of the Sultanate of Oman H.E. Sayyid Badr bin Hamad Al Busaidi,and the Foreign Minister o Dinesh Gunawardena, have exchanged felicitation messages on this significant occasion in the bilateral relations between the two countries.
“It is a great honour to celebrate the 40th anniversary of the establishment of diplomatic relations between our two countries and truly a milestone event in the history of our countries.
“Oman and Sri Lanka have increased their cooperation in many areas in the last few decades at a bilateral and multilateral level.
Oman-Sri Lanka mark 40 years diplomatic ties msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.