Garment factories evade TAX in millions

Sunday, 01 February 2015 - 19:58

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Sri Lanka Customs commenced an investigation on two industrial plants in Kekiraawa and Ipola-gama which caused a 350 million rupees income loss for the government.

They have been granted permission by the Board of Investments to import textiles in order to produce ready-made clothing for exportation for three years.

Instead of that, they have distributed the production among the local market.