Sri Lanka raises excise duty on liquor and cigarettes effective January 11, 2025
Sri Lanka’s Ministry of Finance has announced an increase in the excise duty on liquor and cigarettes, effective midnight on January 10, 2025.
This adjustment was made under a Gazette notification issued by Sri Lankan President Anura Kumara Dissanayake, who also serves as the Minister of Finance, Planning, and Economic Development.
The revision is authorized under Section 22 of the Excise Ordinance (Chapter 52).
Starting January 11, 2025, the excise duty on liquor will rise by 6%. As a result, the price of a 750 ml bottle of special liquor will increase by at least Rs. 106, with prices of other types of liquor rising by 5%.
The revised rates have been communicated to the Excise Commissioner by the Department of Public Finance.
In addition, the Ceylon Tobacco Company (CTC) has announced a hike in cigarette prices across four categories.
From January 11, 2025, the price of Capstan and John Player cigarettes will increase by Rs. 5 per stick, while the 83mm Gold Leaf will see a Rs. 10 increase per stick.
Latest Headlines in Sri Lanka
- IGP Deshabandu Tennakoon’s assets to be frozen if he evades court – Minister March 9, 2025
- Sri Lanka to introduce low-priced alcohol to curb illicit liquor consumption March 9, 2025
- Oddusuddan Tile Factory reopens after 35 years March 9, 2025
- Elephant Pass salt factory to be opened to the public on March 26, 2025 March 9, 2025
- Sri Lanka’s Public Finance Committee approves excise duty hike on liquor March 8, 2025
