Govt. increases annual excise licence fees

Govt. increases annual excise licence fees

January 14, 2024   08:02 am

The government of Sri Lanka has decided to increase the Annual Excise License fees with effect from 12 January 2024. 

The license fees have been increased through an Excise Ordinance issued by President Ranil Wickremesinghe in his capacity as the Minister of Finance.

Accordingly, the Distillery License fee (except for Palmyra arrack) has been increased from Rs. 01  million to Rs. 25 million while the License fee for Palmyra arrack has been increased from Rs. 250,000 to Rs. 05 million.

Meanwhile the License fee for bottling of Toddy has been increased from Rs. 01 million to Rs. 10 million while the license fee for manufacturing vinegar has been increased from Rs. 500,000 to Rs. 2.5 million. 

The annual Wholesale License for liquor has been increased from Rs. 01 million to Rs. 05 million while the Retail License for Liquor has been increased as follows:

Municipal Area – Rs. 15 million
Urban Council Area – Rs. 12.5 million
Other areas – Rs. 10 million 

The annual license fee for tourist board approved hotels has been increased as follows:

Rooms 200 or over – Rs. 01 million
Rooms 20 to 199 – Rs. 500,000 
Rooms below 20 – Rs. 250,000

However, the annual license fee for night clubs has been reduced from Rs. 500,000 to Rs. 250,000. 

See the full list below:

 

Excise Ordinance - Gazette-01.2024 by Adaderana Online on Scribd

 

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