Excise duty on all varieties of liquor, wines, beer, fags up by 20%

3 January 2023 04:59 pm Views - {{hitsCtrl.values.hits}} 7 Bookmark

CHATURANGA PRADEEP SAMARAWICKRAMA Follow

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The Finance Ministry announced today that the excise duty on all varieties of liquor, wine and beer will be increased by 20% as of midnight today.

State Minister Ranjith Siyambalapitiya said the duty on cigarettes has been increased by 20% from January 1.

Comments - 7

John Stewart Tuesday, 03 January 2023 09:16 PM

It is rather ironic that, at the same time, Dubai has reduced duty and tax on alcohol to ZERO, while Sri Lanka is going in the opposite direction.

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Wixie Tuesday, 03 January 2023 11:05 PM

Are we economically sound to chase away Tourists?

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Sena Palangedara Wednesday, 04 January 2023 01:18 AM

I think these items must be up by 200% NOT 20%! Then give relief for food and medicines!

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db Wednesday, 04 January 2023 02:26 AM

Dubai is a different business model , can not compare Dubai with sri lanka. This is a good move. However SL custom has to be stronger than now. at least first 6 month income should used to buy state of art technology and train them to avoid smuggling.

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Jude Wednesday, 04 January 2023 08:35 AM

The only smart way Politicians knows to increase government revenue by periodically increasing the price of alcohol,wine, beer and cigarettes!! Try to come up with atleast other ways of increasing revenue for the government!!

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Citizen k Wednesday, 04 January 2023 08:47 AM

we are a nation that keeps on missing opportunities.The simple pleasure a poor man has after a days hard work is taxed while the tax evaders are Mollycoddled.

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Jef Wednesday, 04 January 2023 04:33 PM

Never ending price jacks only vision the politicos have no other substances to stimulate the economy and help nations citizens very sad suffering continues and more suffering will lead for catastrophe we need quality people in politics to steer sri lanka to the top

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