5. Section 5 of the principal enactment is hereby amended as follows :
| (1) by the repeal of paragraphs (a) and (b) of sub-section (1) of that section and the substitution therefor of the following paragraphs:
| | (a) in any case where such excisable article has been produced or manufactured in Sri Lanka, be paid by the producer or manufacturer of that excisable article, in the prescribed manner, after its removal from the factory or other place in which such excisable article was produced at manufactured and such duty shall be paid within one calendar month from the last date of each quarter in the year in which such removal takes place; or | | |
| | (b) in any case where such excisable article was imported into Sri Lanka, be paid by the importer of such excisable article in the prescribed manner after its removal from the Customs warehouse or other place at which such excisable article was stored immediately after its importation into Sri Lanka and such duty shall be paid within one calendar month from the last date of each quarter in the year in which such import takes place. | | |
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| (2) by the repeal of subsection (2) of that section, and the -substitution of the following subsection therefor :
| | (2) Notwithstanding anything in this Act, every person who imports any excisable article manufactured outside Sri Lanka (not being an exempted article within the meaning of sections 3A and 3B) shall pay to the Director-General of Customs, excise duty in part in respect of his import on the cost, insurance and freight value of such article determined under the Customs Ordinance, prior to its removal from the customs warehouse or such other place at which such excisable article is stored, at the rates of excise duty determined under section 3. The difference in excise duty due on such article after its removal from the customs warehouse or such other place where it is stored shall be payable in the manner set out in section 5 (1) (6) and the total excise duty paid on such article shall be in accordance with the value ascertained under section 7. | | |
| | (3) Where the excise duty payable on any excisable article is not paid in accordance with the provisions of subsection (1), such excise duty shall be deemed to be in default: | | |
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Sri Lanka Consolidated Acts