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Policies and Norms of Sri Lanka for Tea Industry for Import/Export Including Licensing, Permission & Taxation

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Policies and Norms of Sri Lanka for Tea Industry for Import/Export Including Licensing, Permission & Taxation
POLICIES AND NORMS OF SRI LANKA FOR TEA INDUSTRY FOR IMPORT/EXPORT INCLUDING LICENSING, PERMISSION & TAXATION

The tea sector in Sri Lanka has always been an important component of her economy. It is also the country 's largest employer providing employment both, directly and indirectly to over one million people. It also contributes a significant amount to Government revenue as well as to the gross domestic product.

Sri Lanka as the 3rd biggest tea producing country generating US$673 million in 2000. It also contributes to political, economic, and social stability by providing a livelihood for many of Sri Lanka’s rural dwellers, especially women. Sri Lanka has 9% production share in the international sphere, and one of the world 's leading exporters with a share of around 19% of the global demand. The total extent of land under tea cultivation has been assessed at 187,309 hectares approximately.

Shipping roughly 21% of international trade in tea, Sri Lanka is the world’s largest exporter. Since the mid-1990s, it has received higher price than other origins and adds more value between the auction and the port than other tea-producing nations.1 Its main product is orthodox tea, 90 to 92 percent of which is exported. 90% of exports are in packet form for eventual consumption as loose tea, or in bulk shipments, most of which is further processed, blended, or packaged offshore.

Sri Lanka produces tea throughout the year and the growing areas are mainly concentrated in the central highlands as well as southern areas of the island. They are broadly grouped under these headings according to their elevations, with high grown ranging from 1200 m upwards, medium grown covering between 600 m to 1200 m. and low grown from sea level up to 600 m.

High grown teas from Sri Lanka are reputed for their taste and aroma.

The medium grown teas provide a thick coloury variety, which is popular in Australia, Europe, Japan and North America.

The teas

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