7. The following new section is hereby inserted immediately after section 152, and shall have effect is section 152A, of Part XII of the Finance Act, No. 11 of 1963:-
| 152A.
| | (1) Subject to the provisions of exported from Sri Lanka by any person (hereafter in this section referred to as the "exporter") and the Commissioner is satisfied-
| | | (a) that such article was produced or manufactured in Sri Lanka and was purchased by the exporter from the manufacturer or producer of such article; |
| (b) that the price paid by the exporter for the purchase of such article forms part of the turnover of the business of that manufacturer or producer; and |
| (c) that business turnover tax has in fact been paid by that manufacturer or producer in respect of the turnover of his business, |
|
| | (2) The provisions of subsection (1) shall apply in relation to any container. receptacle or wrapper in which an article referred to in that subsection in exported in the same manner as if all references to " article " in those provisions were references to such container, receptacle or wrapper, as the case may be. | | |
| | (3) No payment under subsection (1) shall be made by the Commissioner in respect of any article or any article and container, receptacle or wrapper in which such article is exported, unless a claim in writing for such payment is made by the exporter of such article not earlier than three months, and not later than nine months, after the export of such article.'. | | |
|
|
|
Sri Lanka Consolidated Acts