Sri Lanka Consolidated Acts

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Inland Revenue (Amendment) Act (No. 21 of 1994) - Sect 11

Amendment of section 20C of the principal enactment

11. Section 20C of the principal enactment is hereby amended as follows ;"
(1) by the substitution in subsection (1) of that section for the words and figures " any year of assessment commencing on or after April 1, 1988", of the words and figures " any year of assessment commencing on or after April 1, 1988 but ending on or before March 31, 1995";
(2) by the substitution in sub-paragraph (iv) of paragraph (b) of subsection (2) of that section for the words and figure "paragraph (c) of section 3", of the words and figure '" paragraph (a) of section 3 ; and '';
(3) by the addition, immediately after paragraph (b) of that subsection, of the following paragraph : "
'(c)" goods" shall, for the year of assessment commencing on April 1, 1994, not include any goods which are not used either in the manufacture of any commodity for export or in the packaging of such commodity for export.'.


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