Fine for selling goods above maximum price to be increased to Rs. 100,000

Fine for selling goods above maximum price to be increased to Rs. 100,000

August 10, 2021   09:19 am

The fine imposed on traders who sell essential goods above the maximum retail price will be increased from Rs. 2,500 to Rs. 100,000, Trade Minister Bandula Gunawardena says.

He added that the Cabinet of Ministers has given the nod to the relevant decision.

Accordingly, an extraordinary gazette notification is expected to be published today (August 10) to announce the decision.

“Certain people involved in paddy mafia said that they would not let the government to increase this fine under any circumstances,” the minister said further.

In the meantime, State Minister of Consumer Protection Lasantha Alagiyawanna stated that the advice of the Attorney General will be sought to take action regarding the private gas companies’ move to shut off their supply chain.

A crisis has emerged as gas companies limited their imports after not receiving permission to increase the prices, the state minister pointed out.

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

Low-pressure system over Bay of Bengal intensifies; Heavy rains over 100mm predicted in several areas (English)

Low-pressure system over Bay of Bengal intensifies; Heavy rains over 100mm predicted in several areas (English)

'Shortage of stents persists across Sri Lanka' Sajith demands proactive steps to help heart patients (English)

Water tariff revision due in June: Minister Govt. assures no major supply disruption at present (English)

🔴LIVE | Ada Derana Prime Time News Bulletin

🔴LIVE | Ada Derana Lunch Time News Bulletin 12.00 pm

Adequate fertilizer in stock for Yala season: Govt. Farmers highlight price hike, distribution delays (English)

''Farmers were deceived in pursuit of power'' Sajith raises alarm over lack of fertilizer stocks (English)

Remains of ex-SriLankan Airlines CEO Kapila Chandrasena laid to reset at Borella Cemetery (English)