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

President inaugurated resumption of Kadawatha–Mirigama Expressway construction (English)

President inaugurated resumption of Kadawatha–Mirigama Expressway construction (English)

'Backhoe Saman' & 'Thembili Lahiru' to be detained till Dec. 2 for further questioning (English)

CEB workers launch ‘sick leave’ trade union action today (English)

CAA conducts raids in Colombo following reports of vendors hoarding Keeri Samba Rice (English)

Ada Derana 6.55 p.m. news bulletin

Ada Derana Lunch Time News Bulletin

‘I am humbly proud to have been a people’s leader’: Mahinda Rajapaksa (English)

World Bank Vice President concludes first official visit to Sri Lanka (English)