Customs nabs illegally imported ACs, fridges
An illegally imported consignment of air-conditioners and
refrigerators was seized last week by Sri Lanka Customs which launched
an investigation to apprehend the racketeers.
The consignment comprised 75 air-conditioners and 15 refrigerators
and had been fraudulently declared as electric fans to avoid the payment
of taxes. Air-conditioners and refrigerators are considered as luxury
items and are subjected to heavier taxes in the island.
It is believed that the Government would have lost around Rs. 10
million in tax revenues due to the racket.