NGJA revises tax method for rough gem imports to ease industry burden - DailyNews
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Source: Daily News
Published: 2026-01-20 06:48 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Economy & Finance, Financial Markets, Sri Lanka, Tax & Budget, Trade & Sanctions
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Snippet:
The National Gem and Jewellery Authority (NGJA) has announced a revised taxation methodology for the importation of rough gemstones, a move aimed at easing financial pressure on industry stakeholders and supporting Sri Lanka’s ambition of reaching US$1 billion in annual gem and jewellery export earnings.
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