Sri Lanka, May 7 -- CEAT Kelani International Tyres (Pvt) Ltd. has assured customers, stakeholders and the general public that the Company has no dispute over Customs Duties with the Customs Department and is not subject to any inquiry or penalty by the Department in relation to Customs Duties.

Responding to media reports that a leading tyre manufacturer is facing legal action and a fine for non-payment of Customs Duties on imported raw materials, CEAT Kelani International Tyres has issued the following statement to the media.

"CEAT Kelani International Tyres categorically states that it is not the company that has allegedly defaulted on the payment of fines imposed by the Department of Customs as a penalty for non-payment of Customs Duti...