Can we map HTML in the import mapping in Celigo?

My requirement is I need to show the below statement in a Detailed Description field in the Item record

<ul><li>{Feature & Benefit 1.en-GB}</li><li>{Feature & Benefit 1.en-GB}</li></ul>

Is it possible using HTML code in the Celigo mapping ?

Should be fine as you have it (barring the need to use actual handlebars). Are you running into any issues?