President Mahinda Rajapaksa will present the Budget for 2009 to Parliament on Thursday.
This will be the fourth Budget to be presented by President Rajapaksa in his capacity as Finance Minister since he took office in November 2005.
List of items subject to 100 % Margin Deposit Requirement
Description of Items
The Central Bank this week placed new restrictions on the imports of 44 items which it described as non-essentials.
It said the import of these items would be only if a minimum 100 percent deposit of the value of the Letters of Credit was deposited with the LC-opening commercial bank. The following is the list of items.
- Palm Oil
- Chocolates
- Bread, pastry, cakes, biscuits and other bakers' wares
- Beer
- Wine, Vermouth and other fermented beverages
- Spirits, liqueurs and other spirituous beverages
- Perfumes and toilet waters
- Beauty or make-up preparations (lip, eye, manicure, pedicure etc)
- Preparations for use on the hair
- Pre-shave, shaving or after-shave preparation, personal deodorants and anti-perspirants, perfumed bath salts and other bath preparations, preparations for perfuming of deodorizing rooms
- Soap and organic surface-active products Tableware, kitchenware, other household articles and toilet articles of plastics
- Articles of apparel of knitted or crocheted
- Articles of apparel of not knitted or crocheted
- Footwear
- Artificial flowers
- Wall tiles, floor tiles and the like
- Tableware, kitchenware, other household articles and toilet articles, of ceramic, porcelain or china
Statuettes and other ornamental ceramic articles
- Glassware of a kind, used for table, kitchen, toilet, office, indoor decoration or similar purposes
- Imitation Jewellery
- Tableware, kitchenware., other household articles of stainless steel
- Locks and Padlocks
- Fans
- Air conditioners
- Refrigerators, Freezers and other refrigerating and freezing equipment
- Dish washing machines
- Household and laundry type washing machines
- Electro-mechanical domestic appliances, with self contained electric motor (e.g, vacuum cleaners, floor polishers, food grinders, mixers, blenders etc))
- Shavers, hair clippers and hair removing appliances, with self-contained electric motor
- Electric instantaneous or storage water heaters and immersion heaters
Hair dryers and other hair-dressing apparatus
- Electric smoothing irons
- Microwave ovens
- Other ovens and cookers
- Coffee or Tea makers
- Toasters
- Video recording or reproducing apparatus, whether or not incorporating a video tuner
- Televisions
- Antennas
- Filament bulbs and energy efficient compact fluorescent lamps and other lamps
- Wrist watches and clocks
- Lamps and light fittings
Toys
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