🇱🇰 Cabinet Approves Drafting of Bill to Amend Outdated Customs Ordinance

The Cabinet of Ministers has officially directed the Legal Draftsman to prepare a Bill to amend Sri Lanka's Customs Ordinance, aiming to modernize the country's revenue administration mechanism. • Revenue Modernization: The decision stems from recommendations by the Steering Committee on Customs Affairs, established in May 2025 under the Revenue Administration Reforms and Modernisation Bureau. • Stakeholder Consultations: A special review committee, chaired by retired Additional Solicitor General Milin de Gunathilaka PC, met over seven months to identify outdated provisions. The review incorporated feedback from the business community and the import and export sector. • Next Steps: Following a comprehensive report on restructuring Sri Lanka Customs, the Cabinet approved the proposal submitted by President Anura Kumara Dissanayake to initiate the formal drafting of the amendment Bill.