46. The following new sections are hereby inserted immediately after section 84, and shall have effect as sections 84A and 84B of the principal enactment :
| 84A.
| | (1) It shall be lawful for the Principal Collector in the interest of economic development of the country to permit the processing including manufacture or assembly of goods in any warehouse appointed under section 69 of this Ordinance. | | |
| | (2) No goods which have undergone any processing including manufacture or assembly in such warehouse may be released for home use or for export without the prior approval of the Collector. | | |
| | (3) Where such goods are released from such warehouse for home use the duties there on shall be calculated and paid on that as if such goods had been imported at the time of such release. | | |
| | (4) Where goods liable to duties have been wasted or have become refuse or have been consumed in the course of processing permitted under subsection (1), the Principal Collector may remit duties in respect of such part of the goods as represent ' such waste, refuse or goods consumed as the case may be : | | |
| | (5) The Minister may make regulations with regard to the conditions under which a permit to a manufacturer or a sub-contractor referred to in section 84B is to be granted and the fees and charges leviable for such permit. | | |
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| 84B.
| | (1) Any manufacturer permitted to process including manufacture or assembly of goods in any warehouse appointed under section 69 of this Ordinance may sub-contract with another person to process including manufacture or assembly in any work shop or premises which is not appointed a warehouse under this Ordinance if the Principal Collector is satisfied
| | | (i) that the said workshop or premises is registered with him for the purpose of such work; |
| (ii) that the workshop or premises has the capacity to undertake the required sub-contracting work; |
| (iii) that there is a written agreement between the manufacturer and the person with whom the sub-contracting has been made, and that the agreement has been approved by him. |
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| | (2) Where any manufacturer is permitted to process by means of sub-contracting as provided for in subsection (1), the provisions of section 84A shall, mutatis mutandis, apply to any goods so processed. | | |
| | (3) Notwithstanding that the manufacturer sub-contracts as aforesaid, the manufacturer shall be liable, in addition to any other liabilities under this Ordinance including forfeitures and penalties, for any duties or other charges which may occur due to loss or damage of the material or finished products outside the warehouse of the manufacturer during such sub-contracting operations.". | | |
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Sri Lanka Consolidated Acts