Lankapage Logo Recent Top Stories
CP 14 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Sri Lanka Customs nabs illegal scrap copper to be smuggled to Singapore
Fri, Feb 7, 2014, 12:50 am SL Time, ColomboPage News Desk, Sri Lanka.

Feb 06, Colombo: Sri Lanka Customs has seized two containers of scrap copper that was on the way to be smuggled to Singapore.

The preventive staff of Sri Lanka Customs seized the load on January 22 at the Colombo Port.

Two persons have been arrested in relation to the smuggling attempt. They had ben produced in the Colombo Magistrate Court and the judge ordered them to be remanded till February 12.

The Customs media spokesman Lesley Gamini said the two container loads of scrap copper had been attempted to smuggle declaring them as equipment needed for garment factories. The confiscated stock of scrap metal is worth Rs. 22.5 million, he added.

Export of copper comes under heavy scrutiny from Customs Department and exporters need to obtain a special license from the government to legally export copper scrap. The government has imposed 30% Cess Tax to discourage copper scrap exports.

Sri Lanka imports 6.2 billion worth of copper annually for various local industries that need copper as raw material. It is estimated that 70 percent of the country's annual copper requirement can be balanced if Sri Lanka can halt the illegal export of copper.

ColomboPage - Recent 10 Stories
Sri Lanka police to probe inefficiency of police at Mattala airport and Hambantota harbor
-- [1 hour and 44 minutes ago]
Reconciliation cannot be achieved overnight, Sri Lanka tells US
-- [1 hour and 54 minutes ago]
India's Prime Ministerial candidate promises to resolve fishermen issue with Sri Lanka
-- [2 hours ago]
Sri Lanka to brief diplomatic community about ban on pro-LTTE organizations
-- [2 hours ago]
Sri Lankan President offers condolences to South Korean counterpart on ferry tragedy
Former Maldivian President Abdul Gayoom visits Sri Lanka
Sri Lanka police obtain 40 Interpol red notices on suspected LTTE operatives
Sri Lanka opposition MPs attacked at new airport in South
Sri Lankan health authorities warn people not to purchase medicine through the internet
Sri Lankan public asked to be vigilant on suspicious terrorist activities

Copyright © 2000, 2014 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.