Implement efficient, fast, and transparent systems to facilitate mining licenses.
Provide financial facilities for small-scale miners to acquire modern mining technology.
Open more lands for mining in an equitable and fair manner.
Restructure the National Gem and Jewellery Authority to enable a smoother export process without NGJA interference. All exporters will have direct access to the Customs online platform to submit their declarations and export goods directly from their offices, similar to practices in Thailand and Hong Kong.
Enable all Sri Lankans to trade gems and Jewellery globally through effective, non-interfering export mechanisms, utilising couriers and postal services online.
Considering the assessing industry income tax based on turnover as the final tax, replacing the current 30% on net profits.
Consider the discontinuation of VAT and SSL on gemstone imports to encourage greater gemstone flow into Sri Lanka for value addition and re-export. Consider reinstating the USD 200 fee for hand-carried gem parcel imports.
Exempt all gem and Jewellery sales in foreign currency from VAT.
Propose duty waivers for legitimate Jewellers who pay for gold imports with foreign currency earned from sales, whether direct or indirect exports.
Remove tariffs on these items to create greater opportunities for value addition and exports of finished gems and Jewellery.
Restructure the Gem and Jewellery Research and Training Institute to relocate closer to main trading centres and enhance talent development in the sector.
Crafted by Volunteers full of hope for Sri Lanka’s future. The following information is intended solely for general informational purposes related to the Sajith Premadasa Presidential Election Campaign 2024.
