header logo
Vallibel FD
vallible LE
Latest
Excise Dept. to suspend licenses of tax defaulting liquor manufacturers
Excise Dept. to suspend licenses of tax defaulting liquor manufacturers
Mobitel inner 1278

The Excise Department has announced that strict actions under the Excise Ordinance will be taken to suspend the production activities of companies that continue to default on excise duty arrears, with their licenses for 2025 withheld.

 

The Department of Excise revealed that out of the 23 alcohol manufacturing companies licensed for production this year, all but three have cleared their dues before the deadline on November 30.

 

Accordingly,the department said that legal proceedings will be initiated against the defaulters—W.M. Mendis & Co. Limited, Kurunegala Royal Ceylon Distilleries Private Limited, and Meegoda McCallum Brewery Limited.

 

Further measures against these companies will be determined based on the judgments of the legal proceedings, the department added.

 

In addition, efforts are underway to confirm the ownership of non-operational entities, including Lunuwila Globe Blenders, Wayamba Spirits Limited (which holds a wholesale license), and the Payagala Cooperative Liquor Manufacturing Plants, and will proceed to recover outstanding taxes from these companies.

 

The Excise Department has also suspended operations at the Valikamam Liquor Manufacturing Plant at Vankanai in Northern Province, pending the settlement of overdue excise duties.

 

 

 

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.

Comments

0
Comments are disabled

Note: Due to legal constraints, the Ada Derana Editorial team has taken a decision to disable comments on all articles concerning ongoing court procedures.

MostRead
Mobitel 1278
VideoStories
SEC backs key 2027 Budget proposals  to strengthen capital market

SEC backs key 2027 Budget proposals to strengthen capital market

‘AI Center of Excellence’ aims to develop industry-specific solutions-Dy Minister of Digital Economy

‘AI Center of Excellence’ aims to develop industry-specific solutions-Dy Minister of Digital Economy

JVP marks 37th November Heroes’ Day  under President’s patronage today

JVP marks 37th November Heroes’ Day under President’s patronage today

Debate on Second Reading of 2027 Budget  gets underway in Parliament

Debate on Second Reading of 2027 Budget gets underway in Parliament

SC clears PSTA Bill for passage with simple majority; Four amendments required at Committee Stage

SC clears PSTA Bill for passage with simple majority; Four amendments required at Committee Stage

 Rajangane Saddharathana involved inclash at A’pura protest siteThree monks takeninto police custody

Rajangane Saddharathana involved inclash at A’pura protest siteThree monks takeninto police custody

 2027 Budget deficit projected at Rs.1.75 trillion;Tax-free income threshold increased to Rs.162,500

2027 Budget deficit projected at Rs.1.75 trillion;Tax-free income threshold increased to Rs.162,500

President presents 2027 Budget in Parliament;Calls for national unity to build Sri Lanka’s future

President presents 2027 Budget in Parliament;Calls for national unity to build Sri Lanka’s future

Several areas including Colombo receive heavy rains | Rainfall likely to increase on Nov 14, 15 & 16

Several areas including Colombo receive heavy rains | Rainfall likely to increase on Nov 14, 15 & 16

 President to deliver 2027 Budget Speech tomorrow | Focus on macro picture of Budget – Dy Minister

President to deliver 2027 Budget Speech tomorrow | Focus on macro picture of Budget – Dy Minister

Pilotless passenger drone makes inaugural flight in Sri Lanka

Pilotless passenger drone makes inaugural flight in Sri Lanka

Contempt case against Dilith Jayaweera and 5 others; Further consideration adjourned to tomorrow

Contempt case against Dilith Jayaweera and 5 others; Further consideration adjourned to tomorrow

 Four killed, 70 injured in three-bus collision in Rambewa; Reckless overtaking & speeding suspected

Four killed, 70 injured in three-bus collision in Rambewa; Reckless overtaking & speeding suspected

 Cabinet approves $200mn ADB loan to boost SME Sector

Cabinet approves $200mn ADB loan to boost SME Sector

Colombo flooding examined at DCC meeting;

Colombo flooding examined at DCC meeting;

Lassana Flora