Tax on imported sugar, potatoes revised

Tax on imported sugar, potatoes revised

September 9, 2015   01:46 pm

The special commodity levy imposed on imported sugar has been increased by Rs 12 per kilogram while the levy on potatoes has been increased by Rs 10 per kilogram, the Finance Ministry said. 

The special commodity levies have been increased with effect from midnight on September 08.

However, the ministry says that there will be no change in the market price of sugar. 

In a statement, the Finance Ministry said that the decision to increase the tax on imported potatoes was taken due to local potato crops reaching the market. 

 

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them(mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Most Viewed Video Stories

Minister Sunil Handunnetti files complaint with CID over 'altered' audio clip (English)

Minister Sunil Handunnetti files complaint with CID over 'altered' audio clip (English)

Five fishing trawlers allegedly owned by 'Dehibale Malli' seized by CID officers (English)

Sri Lanka set to record highest reserves post-crisis - CBSL Governor (English)

Energy Minister addresses concerns over Mannar wind power plants (English)

LIVE🔴 Ada Derana Prime Time News Bulletin 6.55 pm

🔴LIVE | Ada Derana Midday Prime News Bulletin

Low pressure zones in the vicinity of Sri Lanka to bring heavy rains until Nov. 29 (English)

Cabinet approval to suspend issuance of new licences to operate analogue TV channels (English)