Friday, 12 December 2014 - 12:45
Belarus removes tax for Sri Lanka exporters
Sri Lanka has been removed from the list of off-shore countries from Belarus, benefiting Sri Lankan exporters a 15 percent tax waiver out on remittance of their export earnings back to Sri Lanka.
According to the Department of Commerce of Sri Lanka, the Government of Belarus has removed Sri Lanka from the list of its off-shore countries, with effect from November 26th, 2014.
Belarus ranked 77th export destination of Sri Lanka in 2013.
About 0.05 percent of Sri Lanka’s total exports is to Belarus, while 94 percent of it constituted tea.