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

LIVE🔴 Ada Derana Prime Time News Bulletin 6.55 pm

LIVE🔴 Ada Derana Prime Time News Bulletin 6.55 pm

PM Harini holds talk with Chinese President Xi Jinping (English)

President directs officials to fully utilize funds allocated for this year’s dev projects (English)

Police reveal how Ishara Sewwandi fled to Nepal (English)

Cabinet approval to import Ponni Samba rice due to Keeri Samba shortage (English)

LIVE🔴 Ada Derana Prime Time News Bulletin 6.55 pm

LIVE🔴 Ada Derana 12.00 Midday News Bulletin

Health Minister elected chair of WHO’s 78th South-East Asia Regional Committee session (English)