RESTRICTED GENERAL AGREEMENT BOP/320 8 July 1994 ON TARIFFS AND TRADE Limited Distribution

(94-1435)

Committee on Balance-of-Payments Restrictions Original: English

1994 CONSULTATION WITH SRI LANKA UNDER ARTICLE XVIII: 12(b)

Statement by Sri Lanka under Simplified Procedures for Consultations'

INTERNATIONAL TRADE

Sri Lanka's external trade sector recorded a significant expansion in both exports and imports in 1993. Total export earnings increased by SDR 304 million (17 per cent in 1993 compared with SDR 295 million (20 per cent)2 in 1992, thus maintaining the expert growth momentum achieved in 1992. Industrial exports continued to expand while agricultural exports recorded a recovery from the setback in 1992. The expenditure on imports also recorded a significant rise of SDR 385 million (15 per cent) in 1993. In 1992, the corresponding increase was SDR 250 million (11 per cent). Relatively higher increases were reported in the import of investment and durable consumer goods in 1993. Consequently, the trade deficit expanded by SDR 82 million (11 per cent) to SDR 822 million in 1993 from SDR 740 million in 1992.

According to provisional Customs data, the import outlay at SDR 2,692 million (Rs. 181,381 million) and export earnings at SDR 2,048 million (Rs. 137,994 million) resulted in a trade deficit of SDR 644 million (Rs. 43,387 million) in 1993. When the Customs data were adjusted for reporting lags, total imports and exports amounted to SDR 2,872 million (Rs. 193,550 million) and SDR 2,051 million (Rs. 138,175 million), respectively. Accordingly, the adjusted data reflected a trade deficit of SDR 822 million (Rs.55,375 million) in 1993 compared with a deficit of SDR 740 million (Rs.45,700 million) in 1992.

The average export prices of all major exports improved in 1993. The overall export price index rose by 10.4 per cent in rupee terms, being the combined effect of a 9.9 per cent increase in agricultural exports, 10.1 per cent increase in industrial exports and 3.1 per cent increase in the prices of mineral products. The overall import price index recorded a rate of growth of 8.3 per cent in rupee terms reflecting the composite effect of increases in the prices by intermediate and investment goods by 7.4 per cent and 14.7 per cent , respectively and a marginal decline in that of consumer goods by 1.1 per cent. These price developments resulted in a 2 per cent improvement in the terms of trade in 1993 compared with 4 per cent in 1992.

In spite of unfavourable external factors including depressed commodity prices, continued recession in major industrialized countries and persistent adjustment difficulties in transitional economies, Sri Lanka's export sector performed well in 1993. Total exports increased by 17 per cent from SDR 1,747 million (Rs. 107,855 million) in 1992 to SDR 2,051 million (Rs. 138,175 million) in 1993.

'Material provided by the authorities of Sri Lanka.

2Unless otherwise stated, percentage changes and shares are in terms of SDR values. BOP/320 Page 2

This healthy performance was largely attributed to the continued expansion in industrial exports and a marked recovery in agricultural exports.

The major impetus to overall export performance was generated from industrial exports which recorded a 20 per cent growth in comparison with a 9 per cent increase in agricultural exports. Higher earnings from textile and garments and other industrial products were the major contributory factors for the substantial growth in industrial exports. Increased earnings from agricultural exports were mainly generated from tea and minor agricultural exports which more than offset the impact of declined earnings from rubber and coconut exports. The receipt from mineral exports also showed a significant recovery recording a 20 per cent growth in 1993 in contrast to a 2 per cent drop recorded in 1992.

Further progress has been made in the transformation of the export structure towards industrial exports in 1993. The share of industrial exports in total exports rose from 71 per cent in 1992 to 73 per cent in 1993, while the share of agricultural exports dropped from 25 per cent to 23 per cent between the two years. The exports of textile and garments continued to maintain its position as the largest export item, contributing 49 per cent of total export earnings.

BALANCE OF PAYMENTS

OVERALL TRENDS

A noteworthy feature of Sri Lanka's Balance of Payments (BOP) in 1993 was the unprecedently high surplus of SDR 375 million in the overall balance which led to a sustained accumulation of external assets. This strenghtening of the BOP was reflected in improvements in both the current and capital accounts. Despite a deterioration in the trade account, the deficit in the current account declined by SDR 29 million in 1993 following significant improvements in the services account and private transfers. Net inflows in the capital account increased by SDR 228 million mainly on account of capital flows to the private sector. These developments could be largely attributed to the further liberalisation of current account transactions and continuation of the country's stabilization program, which increased the confidence of the private sector in the country's commitment to private sector led growth.

The buoyant exports sector grew by over 17 per cent in 1993. Meanwhile, expenditure on imports expanded by nearly 16 per cent largely due to increased outlays on capital and intermediate goods imports. Consequently, the trade deficit widened to SDR 825 million in 1993 from SDR 740 million in 1992. In contrast, according to provisional estimates, the services account registered a surplus for the first time since 1981. This surplus of SDR 31 million (Rs.2,043 million) was a significant improvement over the deficit of SDR 23 million (Rs. 1,430 million) recorded in 1992. At the same time, provisional estimates indicate that net receipts from private transfers had also grown from SDR 328 million (Rs.20,253 million) to SDR 402 million (Rs.27,090 million) between the two years. However, official transfers estimated at SDR 115 million continued to decline in comparison to SDR 130 million in the previous year. Accordingly, the current account deficit declined from SDR 306 million (Rs. 18,935 million) in 1992 to SDR 277 million (Rs. 18,604 million) in 1993. The current account deficit as a ratio of GDP also declined from 4.5 per cent to 3.8 per cent between the two years.

Movements in the capital account demonstrated the continuing trend in recent years of a marked shift in capital flows from concessional assistance to the government to private foreign capital inflows, both portfolio investment as toll as direct investment. The end result was an overall surplus in the BOP to the tune of SDR 375 million in comparison to an overall surplus of SDR 133 million in the previous year. As a consequence, the country's gross external assets rose from SDR 1,047 million (Rs.66,236 million) at the end of 1992 to SDR 1,543 million (Rs. 105,239 million) by end 1993, sufficient BOP/320 Page 3 to finance 5.6 months of projected imports for 1994. The corresponding import cover at the end of 1992 was 4.4 months).

It should be reiterated that these BOP developments were mainly the outcome of responses to the continuation of the liberalisation of the trade and payments system. One of the major steps in the liberalisation process was implemented in March by the removal of the repatriation and surrender requirements on export proceeds, while further relaxing restrictions on service payments. With the removal of the remaining exchange control restrictions on current transactions during the balance part of the year, in effect there were no exchange control restrictions on any trade or services payments such as for travel, educational and medical expenses by the end of 1993. Furthermore, import duties were lowered and the number of items under licence for imports was reduced, with certain items remaining under licence mainly for security, health and environmental reasons. At the same time, with a view to simplifying and rationalising the tariff and tax system on imports and exports, the system was revised, while the incentive structure,for foreign investment was also rationalised towards simplicity and transparency.

Against this background, Sri Lanka's external sector shoved impressive performance during the year. In summary, a buoyant export sector, a significant positive turnaround in the services sector, a continuation of the rising trend in private transfers and accelerated inflows of private foreign capital led to a record overall surplus in the BOP and a significant increase in the import capacity of the country's foreign exchange reserves. In fact, these improvements in the BOP were so significant that it became a major destabilising factor in the monetary scene, requiting the Central Bank to adopt a more stringent monetary policy to neutralise its expansionary impact on money supply.

Merchandise Account

The performance of the external trade sector in 1993 was mixed. The momentum in export growth continued, reflecting a 17 per cent increase from SDR 1,745 million (Rs. 107,855 million) in 1992 to SDR 2,046 million (Rs. 138,174 million) in 1993. In the previous year, the comparable rise was also 17 per cent. A recovery of 9 per cent in agricultural exports from the drought affected previous year and a 20 per cent increase in industrial exports were noteworthy features of the country's export performance in 1993. Meanwhile, the outlay on imports increased by nearly 16 per cent to SDR 2,871 million (Rs. 193,660 million). The removal of exchange controls and easing of import disincentives in the form of high duties, taxes and licences, as well as the expanding requirements of the growing manufactured exports sector, contributed to significant increases in the imports of intermediate goods as well as investment goods in the form of machinery and equipment during the year. Consequently, the trade deficit deteriorated from SDR 740 million (Rs. 45,785 million) to SDR 825 million (Rs.55,486 million) between 1992 and 1993. However, considering a modest increase of only 6 per cent in consumer goods imports, in comparison to 15 per cent and 24 per cent, respectively, in intermediate and investment goods categories which would have contributed towards expanded economic activity, the widening of the trade deficit should not be a matter for serious concern. In fact, if the exceptional items such as aircrafts, assembly parts for buses and railway carriages were excluded, the trade deficit could have declined to SDR 705 million, reflecting a reduction as a ratio GDP from 10.6 per cent in 1992 to 9.6 per cent in 1993.

FOREIGN TRADE POLICY

Sri Lanka's foreign trade policy continued to focus on stimulating export led growth by implementing measures conducive to enhancing the competitiveness of exports within the framework of ongoing liberalisation in trade and payments system. Further steps were taken towards achieving a highly liberalised trade regime by simplifying the tariff system and further relaxing the exchange control regulations while maintaining the licensing requirements on exports and imports only for a BOP/320 Page 4 limited number of items which were considered essential on the grounds of environmental and security reasons. The export sector continued to benefit from an attractive package of financial and fiscal incentives together with institutional support schemes which were aimed at diversifying the export structure and expanding more value-added exports. Exporter confidence on the government's commitment for a liberalised trade and payment regime was further enhanced with the removal of the repatriation and surrender requirement of export proceeds with effect from March 1993.

As an integral part of the overall foreign trade policy, Sri Lanka continued to maintain close trade links with the international community through active participation in bilateral and regional co­ operation arrangements.

Tariff and Taxes

In order to consolidate and rationalise the tariff system, all specific tariffs on textiles were converted to an ad-valorem duty of 100 per cent in April 1993 which was further reduced to 50 per cent in November 1993. With respect to other items including exercise books, foot wear, umbrellas, refrigerators, freezers and water pumps, etc. that were previously subject to either specific or ad-valorem duties (whichever cere higher) were also brought into a four band tariff system. In line with the gradualistic approach towards lowering tariff distortions, the maximum tariff rate under the four band tariff system was reduced from 50 per cent to 45 per cent with effect from November, 1993. Meanwhile, to meet the demand from the coconut oil industry, the import duty on milling grade copra was reduced from 50 per cent to 20 per cent. The import duty on edible oils was also reduced to 20 per cent in March 1993. The duties applied to certain types of automobiles were also revised downwards in 1993.

The major traditional agricultural exports continued to enjoy the benefit of the removal of all ad-valorem sales taxes and export duties with effect from the end of 1992 while export ceases and royalties continued to remain in 1993.

Import and Export Control

In line with the liberalised trade policy, Sri Lanka has already removed most of the import and export licensing requirements except for those which are justifiable on the grounds of national security, public health, public morals and environmental considerations. In the case of exports, licensing requirements were limited only for 11 items mainly for environmental reasons. Import licensing requirements were removed in 1993 for various products including potatoes, red onions, B'onions, black grams, red lentils, chilies and several rice products, articles of jewellery and parts thereof, certain motor vehicles, photocopying equipment, newsprint in roles or sheet and photographic or cinematographic films. However, licensing restrictions were imposed on importation of certain types of diesel engines and on certain motor cars over 3 years old in 1993 (ends). Table 1.49 Balance of Payments - Analytic Presentation 1989-1993 Item SDR million Rupees million 1 b 1989 1990 1991 1992* 1993 1989 1990 1991 1992" 1993b 1. Merchandise -530 -518 -726 -740 -825 -24,050 -28,145 -41,252 -45,785 -55,486 Exports 1,207 1,456 1,491 1,745 2,046 56,175 79,481 84,379 107,855 138,174 Imports 1,737 1,974 2,217 2,485 2,871 80,225 107,626 125,631 153,640 193,660 2. Services -123 -72 -65 -23 31 -5,609 -3,905 -3,773 -1,430 2,043 Receipts 314 391 440 489 535 14,598 21,364 24,897 30,256 36,050 Payments 437 463 505 512 504 20,207 25,269 28,670 31,686 34,007 3. Goods & Services (1+2) -653 -590 -791 -763 -794 -29,659 -32,050 -45,025 -47,215 -53,443 4. Transfers (net) 405 398 441 457 517 18,591 21,660 25,030 28,280 34,839 Private (net) 258 268 293 328 402 11,840 14,518 16,623 20,253 27,090 Official (net) 147 130 148 130 115 6,751 7,142 8,407 8,027 7,749 5. Current account balance (3 + 4) •248 -192 -450 -306 277 -11,068 -10,390 -19,995 -18,935 -18,604 6. Non-monetary capital (Net) 216 345 475 381 609 10,566 18,931 27,171 23,450 40,917 Direct Investment 14 24 46 86 134 633 1,294 2,633 5,315 9,107 Portfolio Investment - 7 24 18 48 - 390 1,329 1,122 3,272 c Private long-term (Net) -39 -33 -18 18 (132 -1,803 -1,835 1,005 1,162 8,849e Government long-term (Net 169 299 366 189 190 8,179 16,397 20,849 11,494 12,579 Inflows 291 392 463 313 334 13,811 21,497 26,378 19,193 22,316 Outflows 122 93 97 124 144 5,632 5,100 5,529 7,699 9,738 Government Short-term - - 23 -22 - - - 1,260 -1,295 - 7. Valuation Adjustments ------108 751 235 1,555 -1,420 8. SDR Allocations ------10. Overall Balance -67 + 138 + 152 + 133 + 375 -1,905 + 7,480 + 10,140 + 9,469 +24,130 11. Monetary Movements (- Surplus) + 67 -138 -152 -133 -375 + 1,905 -7,480 -10,140 -9,469 -24,130 Exchange Rates Rs./SDR 46.19 54.42 56.61 61.75 67.39 Ratios to GDP in percentages Trade account -9.55 -8.75 -11.07 -10.82 -11.18 Current account -4.39 -3.23 -5.37 -4.47 -3.75 Current account without grants -7.07 -5.45 -7.62 -6.37 -5.31 a Revised. b Provisional. c Includes adjustment to capital inflows on account of import of two aircrafts for which advance payments had been made in previous years.

Note: All transactions in the Monetary Sector are converted at the end of year exchange rate. TJ CO a *Q o BOP/320 Page 6

External Finance -Balance of Payments for 1992-1993 1992 SDR Million (a) 1993 SDR Million (b) Item Credit Debit Net Credit Debit Net Goods and Services 1 Merchandise 1,744.4 2,483.3 -738.9 2,046.3 2,869.8 -823.5 2. Non-monetary gold - 1.4 -1.4 1.7 1.7 3. Freight & 11.0 12.6 -1.6 164 24.S -8.4 Merchandise Insurance 4. Other Transportation 146.0 112.7 33.3 154.7 72.9 Si .8 4.1 Passenger Fares 79.4 30.1 49.3 81.3 18.1 63.1 4.2 Port Expenditure 65.2 51.9 13.3 70.8 24.0 46.7 4.3 Other 1.5 30.7 -29.2 : 6 307 -28.1 5. Travel 138.5 78.8 59.7 146.2 86.1 60.1 6. Investment Income 48.2 174.9 -126.7 79.4 164.5 -85.1 6.1 Direct Investment 1.4 23.8 -22.4 4 1 23.5 -19.4 6.2 Other 46.8 151.1 -104.3 75.3 141.0 -65.6 7. Government 13.5 162 -2.8 10.9 21 6 •t0.8 Expenditure n.i.e 8. Other Services 132.0 117.3 14.7 127.4 133.8 -6.4 8.1 Non-merchandise 19.7 5.3 14.4 10.7 3.1 7.6 Insurance 8.2 Other 112.3 111.9 03 116.7 130.7 -140 Total Goods and 2.233.5 2,997.2 -763.7 2,581.3 3,375.2 739.9 Services Transfer Payments 518 5 61.2 457 3 568.7 52.0 516.6 9. Private 388.9 61.2 327 7 453.6 52.0 401.5 10. Official 129.6 - 1296 115.1 - 115.1 Total Curent Account 2,752.0 3,058.4 -306.4 3,150.0 3.427.3 -277.2 Capital and Monetary Gold Non-monetary sector 926.5 545.6 380.8 1,227.9 618.5 609.4 11. Private Investment 129.7 25.3 104 4 296.8 114.7 182.1 11.1 Direct Investment 87.1 1 1 86.0 139.0 4.9 134.1 11.2 Portfolio 42.6 24.2 18.4 157.7 109.7 48.0 Investment 12. Other Private Long- 113.4 95.4 18.0 215.0 82.6 132.4 term 13. Other Private Short- 370.0 278.6 91.3 382.5 277.4 105.1 term 14. Central Government 313.3 146.2 167.1 333.6 143.8 189.7 14.1 Long -term 228.4 76.9 151.5 267.0 85.7 181.3 14.2 Other Short-term - 22.0 -22.0 - - - 14.3 Other Long-term 84.9 47.4 37 6 660 58.2 8.5

Monetary Sector 378.4 511.4 -133.0 271.1 645.7 -374.6 15. Government Assets 9.5 6.1 3.4 8.7 8.7 - 16. Government Liabilities ------17. Com. Banks Assets 34.0 93.5 -59.5 31.2 40.4 9.2 18. Com. Banks Liabilities 78.9 14.7 64.2 77.0 10.0 67.0 19. Central Bank Assets 54.3 216.1 -161.8 33.0 520.0 -487.0 20. Central Bank Liabilities 89.7 106.4 -16.7 65.2 48.5 16.7 21.Transactions with IMF 112.0 74.6 37 4 56.0 18.1 37.9 22. Allocation of SDRs ------23. Valuation adjustments - - - - 24. Monetary Gold - - - - - 25. Errors and Omissions 58.6 - 58.6 42.4 42 4

Table cont'd BOP/320 Page 7

External Finance - Balance of Payments for 1992-1993 cont'd 1992 Rupees Million (a) 1993 Rupees Million (b) Item Credit Debit Nef Credit Debit Net Goods and Services 1 Merchandise 107,855.3 153,554.2 -45,698.9 138,174.2 193,549.4 -55,375.2 2. Non-monetary gold 85.5 -85.5 110.8 -110.8 3. Freight* 674.7 783.4 -108.7 1,114.4 1,677.3 -563.0 Merchandise Insurance 4. Other Transportation 9,020.9 6,947.7 2,073.2 10,394.8 4,887.5 5,507.2 4.1 Passenger Fares 4,915.1 1,842.4 3,072.8 5,468.7 1,210.6 4,258.2 4.2 Port Expenditure 4,013.6 3,195.6 817.9 4,750.2 1,600.3 3,150.0 4.3 Other 92.2 1,909.7 -1,817.5 175.8 2,076.7 -1,900.9 5. Travel 8,573.1 4,862.1 3,711.0 9,815.2 5,830.7 3,984.5 6. Investment Income 2,997.0 10,817.8 -7,820.8 5,366.3 11,123.2 -5,756.9 6.1 Direct Investment 84.4 1,475.6 -1,391.2 279.0 1,595.1 -1,316.1 6.2 Other 2,912.6 9,342.2 -6,429.6 5,087.2 9,528.1 -4,440.9 7. Government 825.5 1,001.4 -175.9 736.1 1,450.0 -713.9 Expenditure n.i.e 8. Other Services 8,164.8 7,273.4 891.4 8,623.2 9,038.3 -415.1 8.1 Non-merchandise 728.7 208.7 520.0 Insurance 1,202.1 327.6 874.5 8.2 Other 7,894.5 8,829.6 -935.1 6.962.7 6.945.8 16.9 Total Goods and Services 174,224.1 227,667.3 -53,443.3 138,111.3 185,325.5 -47,214.1 Transfer Payments 38,340.5 3,501.3 34,839.3 9. Private 32,063.8 3,784.2 28,279.5 30,591.5 3,501.3 27,090.3 10. Official 24,036.7 3,784.2 20,252.5 7,749.0 - 7,749.0 Total Curent Account 8,027.0 - 8,027.0 212,564.6 231,168.6 -18,604.0 Capital and 170,175.1 189,109.7 -18,934.6 Monetary Gold Non-monetary sector 57,088.5 33,638.7 23,449.8 82,788.5 41,871.2 40,917.4 11. Private Investment 7.996.1 1,559.3 6,436.8 20,214.1 7,835.2 12,378.9 11.1 Direct Investment 5,384.9 69.7 5,315.2 9,441.2 333.8 9,107.4 11.2 Portfolio Investment 2.611.2 1,489.6 1.121.7 10,772.9 7,501.4 3,271.5 12. Other Private Long- 7,081.2 5.919.5 1,161.7 14,437.0 5,587.8 8,849.2 term 13. Other Private Short- 22,818.3 17,166.3 5,652.0 25,820.9 18.710.6 7,110.4 term 14. Central Government 19,192.9 8,993.6 10,199.2 22,316.5 9,737.6 12,578.8 14.1 Long -term 13,999.3 4,752.8 9,246.5 17,854.7 5,782.2 12,072.5 5,193.6 2,946.1 2,247.5 14.2 Other Long-term 4,461.8 3,955.4 506.3 14.3 Other Short-term 1,294.8 -1,294.8

Monetary Sector 22,779.1 32,247.8 -9,468.7 22,010.6 46,140.5 -24,129.9 15. Government Assets 565.7 416.1 149.6 593.0 708.2 -115.2 16. Government Liabilities 17. Com. Banks Assets 2,207.2 6,734.5 -4,527.3 1,337.7 3,744.2 -2,406.5 18. Com. Banks Liabilities 5.102.8 362.8 4,740.0 6.807.4 640.0 6,166.8 19. Central Bank Assets 2.418.9 13,852.6 -11,433.7 290.1 36,772.0 -36,481.9 20. Central Bank Liabilities 5,543.0 6,501.2 -958.2 4,409.1 3,156.7 1,252.4 21.Transactions with IMF 6,941.5 4,380.6 2,560.9 8.573.3 1,118.8 7,454.5 22. Allocation of SDRs 23. Valuation adjustments 3,454.0 1.899.5 1,554.5 4.052.4 5,472.0 -1.419.6 24. Monetary Gold 25. Errors and Omissions 3,990.0 - 3,399.0 3,236.1 - 3,236.1 BOP/320 Page 8

(a) Revised (b) Provisional

Source. Central Bank nf Sri Lanka

Note : The balance of payments data are largely based on exchange control records. The above presentation conforms as far as possible to international practice as followed by the International Monetary Fund, in their Balance of Payments Yearbook and International Financial Statistics.

Item 1 Exports are recorded on fob valuation; imports on c.i.f. value. Item S Passage collections by foreign shipping agents and air lines are included m item 4.1 - Passenger fares. Item 10 Indicates outright grants received in the form of food aid, commodity aid and project aid. Item 14.2 Credit entries refer mainly to an increase in liabilities resulting from imports under trade credits. The debit entries in respect & 14.3 of such imports are in the merchandise account and are recorded on an arrivals basis. Debit entries refer to a decline in such liabilities and are recorded at the time of settlement of payment for such imports. Items 15-20 The change in capital of the monetary sector is based on local records. Item 21 ThefiguresshownmthecreditcolumnrelatetoincrcaseinliabilitiestothelMF arising from drawings from the I M F Sri Lanka Rupee values reflect changes in the representative rate of the SDR. Figures in the debit column are in respect of repurchases or repayments, made in instalments to the IMF, in respect of earlier drawings. Subscriptions to the IMF, consequent to successive increases in Sri Lanka's quota, are also shown in the debit column. BOP/320 Page 9

LIST OF ITEMS STILL UNDER LICENCE CONTROL AS AT 30.04.1994

Item H.S. Code Description N°

Potatoes, fresh, or chilled: 0701.90 Other

C.Onions, shallots, garlic, 0703.10.01 Red Onions leeks and other alliaceous vegetables Fresh or Chilled:

Pepper of the genus "Piper", 0904.20 Fruits of the dried or crushed or ground genus Pimenta fruit of the genus "Capsicum dried or crushed or of the Genus-Pimenta: or ground.

Wheat and Meslin: 1001.10 Durum Wheat 1001.90 Other

Maize 1005.10 Seed 1005.10.01 Certified by Ministry of Rural Industrial Deve­ lopment and shown to the satisfac­ tion of the Director General of Customs as having been imported for animal feeds.

1005.10.09 Other

1005.90 Other BOP/320 Page 10

H. S. Item H.S. Code Description Heading N°

1005.90.01 Certified by Ministry- of Rural Industrial Deve­ lopment and shown to the satisfaction of the Director- General of Customs as having been imported for animal feeds.

1005.90.09 Other

11.01 Wheat or Meslin Flour 1101.00 Wheat or Meslin flour.

11.03 Cereal, groats, meal and 1103.11 of Wheat Pellets:

17.03 Molasses resulting from the 1703.10 Cane Molasses extraction or refining of 1703.90 Other sugar.

22.07 Undenatured ethyl alcohol of 2207.10 Undentured ethyl an alcoholic strength by alcohol of an volume of 80% Vol. or higher; alcohol strength by ethyl alcohol and other spirits volume of 80% vol denatured of any strength or higher.

2207.20 Ethyl alcohol and other spirits, denatured, of any strength.

2207.20.01 Spirits denatured in accordance with regulations framed under the Excise ordinance. BOP/320 Page 11

H. S. Item H.S. Code Description Heading N° No

2207.20.02 Spirits citronella imported for testing citronella oil; industrial spirits imported for de- icing air craft.

2207.20.09 Other

25.24 Asbestos 2524.00.01 Blue Asbestos.

25.30 Mineral Substances not 2530.90 Natural arsenic elsewhere specified or Sulphide. included

26.12 Uranium or Thorium ores and 2612.10 Uranium Ores and i concentrates Concentrates

2612.20 Thorium Ores anc Concentrates. 27.10 Petroleum oily and oils 2710.00.01 Aviation spirit obtained from bituminous 2710.00.02 Motor Spirit mineral, other than crude; 2710.00.03 Spirit type jet preparations not elsewhere fuel. specified or included, 2710.00.04 Other light oils containing by weight 70% and Preservations. or more of petroleum oils or 2710.00.05 Kerosene, including of oils, obtained from kerosene type bituminous minerals, these jet fuel. oils being the basic 2710.00.06 Other medium constituents of the prepara­ oils and prepara­ tions. tions. 2710.00.07 Gas oils 2710.00.08 Fuel oils 2710.00.09 Lubricating oils other Heavy oils and preparations.

27.11 Petroleum gases and other 2711.11 Natural gas gaseous hydro-carbons 2711.12 Propane 2711.13 Butane 2711.14 Ethylene, propyle butylène and butadiene 2711.19 Other 2711.21 Natural gas 2711.29 Other BOP/320 Page 12

H. S. Item H.S. Code Description Heading N° No

27.13 Petroleum coke, Petroleum 2713.20 Petroleum Bitumen bitumen and other residues of petroleum oils or of oils from bituminous minerals.

28.04 Hydrogen, rare gases and other 2804.70 Phosphorus non-metals 2804.80 Arsenic

28.25 Hydrazine and hydroxylamine and 2825.10 Hydrazine and their inorganic salts! other hydroxylamine inorganic bases; other metal and their inorganic oxides, hydroxide peroxides salts.

28.29 Chlorates and perchlorates, 2829.11 of Sodium Bromates and perbromates; 2829.19 Other iodates and periodates 2829.90 Other * 28.34 - Nitrities; nitrates 2834.10 Nitrites 2834.21 - Nitrates: 2834.22 - of bismuth of potassu 2834.29 - Other : 2834.29.02 - Other calcium nitrate 2834.29.09 - Other

28.43 - Fulminates, cyanates and 2838.00 -Fulminates, cyanates thiocyanates Thiocyanates

28.43 - Collaidal precious metals; 2843.30 -Gold Compounds inorganic or organic compounds of precious metals, whether or not chemically define ; amalgams of precious metals

28.44 Radioactive chemical 2844.10 -Natural uranium and « elements and radioactive its Compounds; alloys, isotopes (including the dispersions (including fissile or fertile chemical cermets), ceramic elements and isotopes) products and mixtures and their compounds; containing natural mixtures and residues uranium or natural containing these products uranium compounds. BOP/320 Page 13

H. S. Item H.S. Code Description Heading N° N°

2844.20 Uranium enriched in U 235 and its compounds; plutonium and its compounds; alloys, dispersions (including cermets) Ceramic products and mixtures containing uranium enriched to U 235, Plutonium or Compounds of these products.

2844.30 Uranium depleted in U 235 and its compounds; Thorium and its Compounds; alloys, dispersions (including cermets) ceramic products and mixtures containing uranium depleted to U 235, thorium or compounds of these products.

28.44.40 Radioactive elements and isotopes and compounds other than these of sub-heading No.2844.10, 2844.20 or 2844.30; alloys. dispersions (including cermets), ceramic products and mixtures containing these elements, isotopes or compounds, radioactive residues.

2844.50 Spend (irradiated) fuel elements (cartridges) or nuclear reactors. BOP/320 Page 14

H. S. Item H.S. Code Description Heading N° No

28.45 Isotopes other than 2845.10 Heavy water deuterium those of heading 2845.90 - Other N° 28.44; compounds inorganic or organic, of such isotopes, whether or not chemically defined.

28.50 Hydrides, nitrides, 2850.00 - Hydsides, nitrides, azides, silicides and azides, silicides and borides, whether or borides, whether or not chemically defined. not chemically defined.

29.04 Sulphonated, nitrated 2904.20.01 Nitrated derivatives or nitrosated derivatives of aromatic of hydrocarbons, whether hydrocarbons. 'I or not nelogerated.

29.05 Acyclic alcohols and 2905.11 Methanol (Methyl their halogenated, Alcohol) sulphonated, nitrated or nitrasated derivatives.

2905.50 - Halogenated, sulphonated nitrated or nitrosated derivatives or acrylic alcohols.

29.08 Halogenated, sulphonated, 2908.90 Nitrated derivatives nitrosated derivatives of of acrylic alcohols.

29.09 Ethers, ether-alcohol, 2909.19 Nitrated Derivatives ether phenols, ether - 2909.20 Nitrated Derivatives 'I alcohol phenols, alcohol 2909.30 Nitrated Derivatives peroxides, ether peroxides, 2909.41 Nitrated Derivatives ketone peroxides (whether or 2909.42 Nitrated Derivatives not chemically defined) 2909.43 Nitrated Derivatives and their halogenated, 2909.44 Nitrated Derivatives sulphonated, nitrated or 2909.49 Nitrated Derivatives nitrosated derivatives 2909.50 Nitrated Derivatives 2909.60 Nitrated Derivatives

29.12 Aldehydes, whether or not 2912.11 MethanolI with Oxygen function, (formaldehyde) cyclic polymers of aldehydes; per aformaldehyde BOP/320 Page 15

H. S. Item H.S. Code Description Heading N° No

29.20 Esters of other inorganic 2920.10 Fenithrothian, acids (excluding esters of other nitrated hydrogen halides) and derivatives their salts; their halogenated, sulphonated nitrated or nitrosated derivatives

29.21 Amino-function compounds 2921.41 Aniline and its salts.

2921.42 Aniline deriva­ tives and their salts.

2921.43 Talindines and their derivatives; salt thereof.

2921.44 Dipheny lamine and its Derivatives; salt thereof. 2921.45 1- Haphthylamine (alphanapathy lamine)

2- Naphthylamine (Betanaphthy lamine) and their derivatives; salt thereof.

2921.49 Other

29.24 Carboxymide-function compounds; 2924.10 Acyclic amides amide-function compounds of (including acyclic carbonic acid carbamates) and their derivatives; salt thereof.

2924.21 Ureines & their deri­ vatives salt thereof.

2924.29 Other

29.25 Carboxiamide-function compounds; 2925.20 Imines & their deri­ (including saccharin and its vatives: salt thereof. salts) and imine-function compounds.

29.29 Compounds with other nitrogen 2929.10 Isocynates function. 2929.90 Other BOP/320 Page 16

H. S. Item H.S. Code Description No Heading N" Organo-Sulphur compounds 2030.90.01 Malathion 29.30 Heterocyclic compounds with 2933.21 Hudontain and its 29.33 nitrogen hetero-atom cs) only; derivatives. nucleic acids and their salts 2933.51 Malonyluria (barbi­ turic acid) and its derivatives salts thereof.

2933.69 Other

30.01 Glands & other organs for organ: 3001.10 Glands & other organs other apeutic uses, dried, dried whether or not whether or not powdered; powdered. extract of glands or other organs or of their secretions 3001.20 Extracts of glands or organotherapeutic uses; or other organs or heparin and its salts, other of their secretions. human or animal substances prepared for therapeutic or 3001.90 Other prophylactic uses, not elsewhere specified or included.

30.02 Human blood.animal blood 3002.10 Antisera & other prepared: for therapeutic, blood fractions pinphylactic or diagnostic 3002.20 Vaccines for human uses; antisera & other medicines blood fractions; vaccines, toxins, cultures of micro­ 3002.31 Vaccines against foo; organisms (excluding and mouth disease yeasts) and similar products 3002.39 Other 3002.90 Other

30.03 Medicaments (excluding :- 3003.10 Containing penicillin goods of heading N° 30.02, or derivatives thereof, 30.05 or 30.06) consisting with a penicillanic acid of two or more constituais structure, or strepto­ which have been mixed mycins or their together for therapeutic derivatives or prpophylactic uses, 3003.20 Containing other not put up in measured antibiotics doses or informs or packings for retail sale. 3003.31 Containing insulin

3003.39 Other BOP/320 Page 17

H. S. Item U.S. Code Description Heading N" No

3003.40 Containing alkaloids or derivatives thereof but not containing hormones or other products of heading N° 29.37 or antibiotics

3003.90 Other

30.04 Medicaments (excluding :- 3004.10 Containing penicillins goods of Heading N° 30.02, or derivatives thereof, 30.05 or 30.06) consisting with a penicillantic acid of mixed or unmixed products structure or strepto­ for therapeutic or prophylactic mycins or their uses, put up in measured doses derivatives or in forms or packing for retail sale.

I 3004.20 Containing other antibiotics

3004.31 Containing insulin

3004.32 Containing adrenal cortical hormones

3004.39 Other

004.40 Containing alkaloids or derivatives thereof but not containing hormones, other products of heading N° 29.37 or antibiotics

3004.50 Other medicaments containing vitamins or other products of heading N° 29.36.

3004.90 Other

36.01 - Propellent powders 3601.00 Propellent powders

36.02 - Prepared explosives, 3602.00 Prepared explosives, other than propellent other than propellent powders powders. BOP/320 Page 18

H. S. Item H.S. Code Description Heading N°

36.03 - Safety fuses; detonating 3603.00 Safety fuses; detonating fuses, percussion or fuses; percussion or detonating caps; igniters; detonating caps; electric detonators igniters; electric detonators.

36.04 - Fireworks, signalling 3604.10 Fireworks flares, rain rockets, fog signals and other 3604.90 Other pyrotechnic articles

38.08 -Insecticides.rodenti- 3808.10 - Insecticides cides, fungicides,herbi- cides.antisprouting 3808.10.01 - Mosquito coils products and plantgrowth regulators, disinfectants 3808.10.09 - Other and similar products put I up in forms or packings 3808.20 -Fungicides for retail sale or as preparations or articles 3808.30 -Herbicides, anti-sprou- (for example, sulphur- ting products and plant- treated bands, wicks and growth regulators. candles and fly-papers) 3808.40 -Disinfectants 3808.90 -Other 3808.90.01 - Other pesticides 3808.90.09 - Other

40.12 Retreaded or used pneu­ 4012.10 - Fitreaded tyres matic tyres of rubber; 4012.20 - Used pneumatic tyres solid or cushion tyres, inter - changeable tyre treads and tyre flaps, of rubber.

68.10 Articles of cement.of 6810.11 - Building blocks and | concrete or of artificial bricks. stone, whether or not reinforced 6810.11.01 - Concrete Cement Blocks encasing industrial waste sludge

6810.99 Other 6810.99.02 - Concrete Cement Blocks encasing industrial waste sludge. BOP/320 Page 19

H. S. Item H.S. Code Description Heading Nc No

71.08 Gold (including gold 7108.11 Powder plated with platinum) unwrought or in semimanu­ factured forms, in powder form 7108.12 Other unwrought forms 7108.13 Other semi-manufactured forms 7108.20 Monetary

71.12 Waste and scrap of 7112.10 Of gold including metal precious metal or of metal clad with gold but clad with precious metal. excluding sweepings containing other precious metals.

7112.20 Of platinum.including metal clad with platinum but excluding sweepings containing other precious metals.

7112.90 Other

71.1* Coin 7118.10 Coin (other than gold coin) not being legal tender. 7118.10.01 - Silver Coin 7118.10.09 - Other 7118.90 - Other 7118.90.01 - Gold Coin 7118.90.09 -Other

84.01 Nuclear reactors;fuel 8401.10 - Nuclear reactors elements(cartridges)non- irradiated.for nuclear 8401.40 - Parts of nuclear reactors;machinery and reactors. apparatus for isotopic separation.

84.07 Spark-ignition recipro- :- 8407.21 - Cut board motors: eating or rotary internal combustion piston engines 8407.21.09 - Other (Outboard exceeding 25 HP)

8407.29 - Other BOP/320 Page 20

H. S. Item H.S. Code Description Heading N° No

8407.29.09 - Other (Inboard exceeding (50 HP)

84.08 Compression-ignition 8408.20 - Engines of a kind internal Combustion used for the propulsion piston engines (diesel of vehicles of semi-diesel engines) chapter 87

8408.20.01 - Diesel engines of four cylinders and over of a cylinder capacity of 3250 cc and over. Over 10 years old.

8408.20.09 - Other (Diesel engines of cubic capacity less than 3250 cc) over 03 years.

85.25 Transmission apparatus 8525.10 -Transmission apparatus for radio telephony, radio-telegraphy .radio 8525.20 -Transmission apparatus broadcasting or television incorporating recep­ whether or not incorpora­ tion apparatus. ting reception apparatus or sound recording or reproducing apparatus, television cameras.

87.01 Tractors (Other than tractors 8701.20 -Road tractors for of heading N° 87.09) semitrailers, over 5 years

8701.30 -Track-laying tractors over 5 years old.

8701.90 -Other

8701.90.01 — Kerosene operated

8701.90.02 — Other (i) Agricul­ tural tractors over 20 years.

(ii) Other 05 years old. BOP/320 Page 21

Item H.S. Code Description No

Motor vehicles for the 8702.10 -With compression transport of ten or more ignition internal persons, including the combustion piston driver. engine (diesel or semi diesel):

8702.10.01 — Ten seater passenger vans of the Nissan Patrol, Mitsubishi Pajero, Toyota Land Cruiser, Range Rover and similar type of vehicles, over three years old.

8702.10.02 - Other with a normal seating capacity of no more than fifteen including the driver and of a g.v.w. not exceeding 3000 kg over 5 years old.

8702.10.03 - Other with a normal seating capacity of no more than f if teen including the driver and of a g.v.w. not exceeding 3000 kg over 5 years old.

8702.10.04 - Unassembled buses with a normal seating capacity of not less than fifteen(15) and not more than thirty(3 including the driver subject to the conditions prescribed by the Ministry of Finance, over 5 years old. BOP/320 Page 22

H. S. Item H.S. Code Description Heading N° NJi

8702.10.05 Unassembled buses with a normal seating capacity of over thirty (30) including the driver subject to the conditions prescribed by the Ministry of Finance, over 5 years old.

8702.10.09 -— Other, over 5 years old.

8702.90 -Other:

8702.90.01 - Ten seater passenger vans of the Nissan Patrol, Mitsubishi Pajero, Toyota Land Cruiser, Range Rover and similar type of vehicles, over three years old.

8702.90.02 - Other with a normal seating capacity of not more than fifteen including the driver and of a g.v.w. not exceeding 3000 kgs over 5 years old.

8702.90.03 - Other with a normal seating capacity of not more than fifteen including the driver and of a g.v.w. not exceeding 3000 kgs over 5 years old. BOP/320 Page 23

Item H.S. Code Description N°

8702.90.04 - Unassembled buses with a normal seating capacity of not less than fifteen (15) and not more than thirty (30) including the driver subject to the con ditions prescribed by the Ministry of Finance, over 5 years old.

8702.90.05 - Unassembled buses with a normal seating capacity of over 30 including the driver, subject to the condi­ tions prescribed by the Ministry of Finance, over ten years old.

8702.90.09 —Other, over 5 years old.

Motor cars and other 8703.10 -Vehicles specially motor vehicles principally designed for travelling designed for the on snow, golf cars transport of persons and similar vehicles, (other than those of heading over three years old. N° 87.02), including station wagons and racing cars. Other vehicles with spark-ignition internal combustion reciprocating piston reciprocating engine:

8703.21 -Of cylinder capacity not exceeding 1000 cc.

8703.21.01 -Ambulances, prison vans and hearses, over three years old. BOP/320 Page 24

H. S. Item H.S. Code Description Heading N° No

8703.21.02 —Auto thrashes, over three years old.

8703.21. 09 -— Other, over three years old.

8703.22 —Of a cylinder capacity exceeding 1,000 cc but not exceeding 1,500 cc

8703.22.01 -Ambulances, prison vans and hearses, over three years old.

8703.22.09 —Other, over three years old. '

8703.23 --Of a cylinder capacity exceeding 1,500 cc but not exceeding 3,000 cc:

8703.23.01 — Ambulances, prison vans and hearses, over three years old.

8703.23.02 — Other of a cylinder capacity not exceeding 2000 cc, over three years old.

8703.23.09 — Other over three years old.

8703.24 -Of a cylinder capacity " exceeding 3000 cc.

8703.24.01 — Ambulances, prison vans and hearses, over three years old. BOP/320 Page 25

H.S. Code Description No

8703.24.09 — Other, over three years old. -Other vehicles, with compression-ignition internal combustion piston engine (diesel or semidiesel):

8703.31 -Of a cylinder capacity not exceeding 1,500 cc:

8703.31.01 -—Ambulances, prison vans and hearses, over three years old.

8703.31.02 —- Auto thrashes, over three years old.

8703.31.09 —- Other, over three years old.

8703.32 -Of a cylinder capacity exceeding 1,500 cc but not exceeding 2,500 cc:

8703.32.01 — Ambulances, prison vans, hearses, over three years old.

8703.32.02 —- Other of a cylinder capacity not exceeding 2000 cc, over three years old. 8703.32.09 -— Other, over three years old.

8703.33 -Of a cylinder capacity exceeding 2,500 cc:

8703.33.01 —- Ambulances, prison vans and hearses, over three years old.

8703.33.09 -—Other, over three years old.

8703.90 -Other, over three years old. BOP/320 Page 26

H. S. Item H.S. Code Description Heading N°

87.04 Motor vehicles for the Other with compression transport of goods ignition internal combus tion piston engine (diesel or semi-diesel):

8704.21 -g.v.w. not exceeding 5 tonnes:

8704.21.01 —- Tankers with stainless steel tanks, over 05 years old

8704.21.02 —Jeep type vans of a g.v.w. not exceeding 3000 kgs over 05 years old.

8704.21.03 —- Other of g.v.w. of less than 1750 kgs, over 05 years old.

8704.21.04 —- Other of g.v.w. of 1,750 kgs, and over but not exceeding 2,500 kgs over 05 years old.

8704.21.05 -—Other of g.v.w. exceeding 2,500 kgs but not exceeding 3,500 kgs over 05 years old.

8704.21.09 —Other, over 05 years old.

8704.22 —g.v.w. exceeding 5 tonnes but not exceeding 20 tons:

8704.22.01 — Tankers with stainless steel tanks, over 05 years old.

8704.22.09 Other, over 05 years old BOP/320 Page 27

H. S. Item H.S. Code Description Heading N° N£

8704.23 -g.v.w. exceeding 20 tonnes over 05 years old.

Other, with spark- ignition combustion piston engine:

8704.31 - g.v.w. not exceeding 5 tonnes.

8704.31.01 —Tankers with stainless steel tanks, over 5 years old

8704.31.02 — Jeep type vans of a q.v.w. not exceeding 3000 kgs over 5 years old.

8704.31.03 — Other of q.v.w. of less than 1750 kgs.over 5 years old.

8704.31.04 — Other of g.v.w. of 1, 750 kgs. and over but not exceeding 2,500 kgs over 5 years old.

8704.31.05 — Other of q.v.w. exceeding 2,500 kgs but not exceeding 3,000 kgs over 5 years old.

8704.31.09 — Other, over 5 years old.

8704.32 -- g.v.w. exceeding 5 tons:

704.32.01 —- Tankers with stainless steel tanks.over 05 years old. BOP/320 Page 28

H. S. Item H.S. Code Description Heading N° m 8704.32.02 — Other of a g.v.w. not exceeding 20 tonnes, over 5 years old.

8704.32.09 - Other, over 5 years old.

8704.90 - Other, over 5 years old.

87.06 Chassis fitted with engines, 8706.00.01 - For the motor vehicles for the motor vehicles of H.S. Code Nos. heading Nos. 8701 to8704.21, 8704.22 and 87.05 8704.23,8704.31, 87.058704.32 and 8704.90, over 5 years old

8706.00.03 — For motor vehicles under H.S. Heading N° 87.02, over 5 years old.

8706.00.09 For other motor vehicles over three years old.

87.07 Bodies!including cabs), 8707.10 For the vehicles of for the motor vehicles heading N° 87.03 of heading Nos.87.01 to 87.05.

87.08 Parts and accessories 8708.70.01 - Rims fitted with of the motor vehicles tyres (showing signs of of heading No.87.01 to wear) i 87.05

87.10 Tanks and other aundured 8710.00 -Tanks and other fighting vehicles, armoured fighting motorised, whether or vehicles, whether or not fitted with weapons, not fitted with and parts of such weapons, and parts vehicles. of such vehicles. BOP/320 Page 29

Item H.S. Code Description N°

Motorcycles (including Motorcycles (including 87.11 mopeds) and cycles mopeds) and cycles fitted with an auxiliary fitted with an auxiliary motor; with or without side-cars; motor, with or without side-cars; side-car

(a) Of a cylinder capacity exceeding 350 cc.

(b) Over three years old.

Trailers and semi-trailers: 8716.10 Trailers and semi­ other vehicles, not trailers of the caravan mechanically propelled; type for housing or parts thereof. camping, over 5 years old.

8716.20 Self-loading or sif- unloading trailers and semi-trailers for agri­ cultural purposes, over 5 years old.

8716.31 - Tanker trailers and tanker semi-trailers, over 5 years old.

8716.39 - Other, over 5 years old.

8716.40 - Other trailers and semi-trailers, over 5 years old.

8716.80 - Other vehicles:

8716.80.09 -— Other, over 5 years old.

- For the assembly of 8716.90.01 flat bed trailers for the transport of containerised cargo, over 5 years old - Other, over 5 years 8716.90.09 old BOP/320 Page 30

H. S. Item H.S. Code Description Heading N° N°

88.01 - Balloons and dirigibles 8801.10 - Gliders and hang gliders and other non- gliders powered aircrafts 8801.90 - Other

88.02 - Other aircraft (for 8802.11 Of an unladen weight example, helicopters, not exceeding 2,000 aeroplanes); spacecraft kgs. (including satellites) 8802.12 Of an unladen weight and spacecraft launch exceeding 2,000 kgs. vehicles 8802.20 Aeroplanes and other aircraft, of an unladen weight not exceeding 2,000 kgs.

8802.30 Aeroplanes and other air­ craft, or an unladen % weight not exceeding 2,000 kgs. but not 15,000 kgs.

8802.40 Aeroplanes and other aircraft, of an unladen weight exceeding 15,000 kgs.

8802.50 Spacecraft (including satellites) and spacecraft launch vehicles.

88.03 Parts of goods of 8803.10 Propellers and rotors Heading N° 88.01 or and parts thereof 88.02 8803.20 Under-carriages and parts thereof.

8803.30 Other parts of aeroplanes or helicopters.

8803.90 Other

88.04 - Parachutes (including 8804.00 Parachutes (including dirigible parachutes) dirigible parachutes) and rotochuts, parts and rotochutes; parts thereof and accessories thereof and accessories thereto. thereto. Page 31

H. S. Item H.S. Code Description Heading N° N°

88.05 Aircraft launching gear, 8805.10 Aircraft launching gear deck-arrestor or similar and parts thereof; deck- gear, ground flying arrestor or similar geax trainers; parts of and parts thereof. foregoing articles 8805.20 Ground flying trainers and parts thereof.

90.09 Photo-copying apparatus 9009.11 Operating by reprodu­ incorporating an optical cing the original image system or of the contact directly onto the copy type and thermo-copying (direct process): apparatus: 9009.11.01 Multi-colour photo copying apparatus

9009.12 Operating by reproducing the original image via an intermediate on to the copy (indirect process):

9009.12.01 Multi-colour photo copying apparatus

Other photo-copying apparatus:

9009.21 Incorporating an optical system.

9009.21.01 Multi-colour photo copying apparatus:

93.01 Military weapons, other 9301.00 Military weapons, than revolvers, pistols other than revolvers, and arms of heading pistols and arms of No. 93.07 heading 93.07

93.02 Revolvers and pistols, 9302.00 Revolvers and pistols, other than those of other than those of heading No.93.03 or heading N° 93.03 93.04. or 93.04 BOP/320 Page 32

H. S. Item H.S. Code Description Heading N"

93.03 Other firearms and 9303.10 Muzzle-loading firearm similar devices which 9303.20 Other sporting, hunting operate by the firing of or target-shooting an explosive charge(for shotguns, including example, sporting shotguns combinations shot and rifles, muzzlelloading gun-rifles. firearms, very pistols and 9303.30 Other sporting, hunting other devices designed or target-shooting to project only signal rifles. flares, pistols and revolvers for firing 9303.90 Other blank ammunition, cppidue belt hutone killers, line-throwing guns)

93.04 Other arms(for example, 93.04.00 Other arms (for spring, air or gas guns example, spring air or t and pistols, truncheons) gas guns and pistols. excluding those of truncheons) heading N° 93.07 excluding those of heading N° 93.07

93.05 Parts and accessories 9305.10 of revolvers of pistols c articles of heading 9305.21 Shotgun barrels Nos. 93.01 to 93.04 9305.29 Other 9305.90 Other

93.06 Bombs, grenades, torpedoes, 9306.10 Cartridges for reveting mines, missiles, and or similar tools or for similar ammunitons of war captive-bolt humane and parts thereof; cartri­ killers and parts dges and other ammunition - thereof. and projectiles and parts 9306.21 - Cartridges thereof including shot 9306.29 - Other and cartridge wads 9306.30 - Other cartridges and parts thereof. « 9306.90 - Other

93.07 Swords,cutlasses,bayonets, 9307.00 Swords, cutlasses, bay­ lances and similar arms onets, lances and similar and parts thereof and arms and parts thereof sabbards and sheats thereof. sabbards and sheaths thereof. BOP/320 Page 33

H. S. Item U.S. Code Description Heading Nc N°

95.04 Articles for funfair, 9504.30 other games, coin or table or parlour games discoperated other than including pintables, owling alley equip­ biliards special tables ment for casino games and 9504.90 Other automatic bowling alley equipment.

* BOP/320 Page 34

LIST OF ITEMS THAT CANNOT BE EXPORTED WITHOUT LICENCE

04 Coral chanks and shells, B.T.N. 05.12

13 Timber, i.e. wood and articles of wood (including logs and sawn timber) classified underB.T.N chapter 44 excluding coconut shell char coal (B.T.N. 44.02) house hold utensilsof wood (B.T.N.44.24) and manufactured articles of wood (B.T.N. 44.27).

15 Ivory and Ivory products (B.T.N. N° 05.10, 38.02, 95.03) 16 Passenger motor vehicles first registered in Sri Lanka prior to 01.01.1945 (B.T.N.87.02).

LIST OF ITEMS TO BE EXPORTED

ONLY BY CORPORATIONS/ BOARDS

NIL

LIST OF ITEMS ALLOWED TO BE IMPORTED

ONLY BY CORPORATIONS/BOARDS

ITEM CORPORATIONS/BOARDS

(1) Petroleum products Ceylon Petroleum Corporation

(2) Guns, cartridges and Lanka General Trading Co. Ltd. explosives, (S.T.C)

(3) Propane Gas Colombo Gas Company Ltd. (L PGAS)