6. Section 49 of the principal enactment is hereby amended as follows :
| (1) in subsection (3) of that section, by the substitution for the expression " Subject to the provisions of subsection (6),", of the expression " Subject to the provisions of subsection (5) and subsection (6), " ; |
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| (2) by the substitution, for subsection (4) of that section, of the following new subsection:
| | " (4) Subject to the provisions of subsection (5) and subsection (6), where the Commissioner-General is satisfied that the exporter is himself the manufacturer or producer of any article manufactured or produced in Sri Lanka, and
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(i) that turnover tax has in fact been paid by the exporter to the Principal Collector of Customs in respect of such raw materials used by such exporter in the manufacture of the articles exported by him, or
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| (3) by the substitution, for subsection (5) of that section, of the following subsection -
| | " (5) The provisions of subsections (3) and (4) shall
| | | (a) not apply to an exporter for any period if the turnover tax paid is in respect of an article which has been gazette by the Chairman of the Export Development Board established under the Sri Lanka Export Development Act, No. 40 of 1979, as an article for which a rebate of turnover tax is claimable for that period; and |
| (b) apply in relation to any container, receptacle or wrapper in which an article referred to in those subsections is exported in the same manner as if all reference to " article" in those provisions were references to such container, receptacle or wrapper as the case may be.". |
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Sri Lanka Consolidated Acts