View Procedure

Procedure NameProcedure to obtain permission to effect the First Export of a BOI Enterprise.
Description

Category

Clearance

Responsible Agency       

Board of Investment Sri Lanka

Address :   Level 26, West Tower, World Trade Center, Colombo 01, Sri Lanka.

Phone:    (+94 11) 2385972-6, 2346131-3

Email:   info@boi.lk

Legal base of the Procedure

Board of Investment of Sri Lanka (Amendment) Act, no. 3 of 2012

 

 

 

 

 

 

 

 

 

 

 

Required Documents

No.

Type of documents

1

 Air Freight &Sea freight-

  • 02 copies of CUSDECs (Security copy & BOI copy) .
  • 02 copies of Commercial Invoices.

2

A certificate of conformity of the building, has to be obtained from the same department prior to the import of raw material. ( If applicable) .

  As and when Certificate of Origin for export of Apparels is issued by the BOI, an additional copy of the CUSDEC is required.

 

Process Steps

Step 1

Applicant should submit a duly filled application form together with aforesaid required documentation.

Step 2

Application form it may be submitted with the appropriate fee to the Regional Development Department / Engineering Department of the relevant Zone / Regional Office.

Step 3

Board reviews the application and the relevant documents.

Step 4

Clearance granted to the Applicant.

 

Note:

Export of Textile and Apparel Products

  • Quota allocation for exports to India could be obtained from the Department of Commerce prior to processing export documents.
  • Certificate of Origin for export to India will be issued by the Department of Commerce.
  • Certificate of Origin with regard to exports to the European Union (EU) countries will be issued by the relevant BOI service center.
  • For all other countries Certificates of Origin should be obtained from the Chamber of Commerce.
Exports other than Textiles & Apparel
  • Obtain Approval from relevant government authorities, if required.

 

Taxes Applicable for Exports

Export Cess

Export Cess should be paid for applicable items at the rates specific to the relevant HS code, specified under the customs tariff

Temporary Export / Re-Exports

BOI also permits temporary export of the following items.

  • Temporary export of Machinery and Equipment for repairs and return
  • Temporary export of items, for processing and return (Embroidery, Printing, ….etc)
  • Re-export of excessive rejected or defective raw materials
  • Re-export of raw material & accessories when order is transferred to another country

You should make a request to the relevant service center for approval on the submission of the re-export/temporary export application. The respective form is 45/FO/IS/05 and could be downloaded from the BOI website.

Submission of Export Documents

Export documents should be submitted electronically through ASYWORLD using the DTI (Direct Trader Input) facility.

 

CategoryClearance

The following form/s are used in this procedure
TitleDescriptionCreated DateUpdated DateIssued By
BOI Enterprises are permitted to export their finished products on Duty Free basis, as approved by the agreement entered into with the BOI13-03-201813-03-2018 This is Dowload File
This procedure applies to the following measures
NameMeasure TypeAgencyDescriptionCommentsLegal DocumentValidity ToMeasure Class
Requirements to obtain permission to effect the First Export of an BOI Enterprise.General BOI Enterprises are permitted to export their finished products on Duty Free basis, as approved by the agreement entered into with the BOI.Enterprises should obtain the Certificate of Conformity (COC) from the Engineering Approvals Department/Regional Office or the respective Zone office before effecting the first export. The export product list with simple clarification, the Cost sheet and manufacturing process should be submitted along with the application. Board of Investment of Sri Lanka (Amendment) Act, no. 3 of 201231-12-9999Good