State Minister defends Liquor license reinstatements, citing revenue concerns amid Tax disputes
Posted by Editor on April 2, 2024 - 12:30 pm
Ranjith Siyambalapitiya
State Minister of Finance Ranjith Siyambalapitiya told Parliament today (April 2) that it is not possible to suspend liquor licenses for a long period of time as the state revenue may be lost.
This statement came in response to an accusation from Leader of the Opposition Sajith Premadasa, who claimed that liquor licenses were being reinstated to companies before they had fully settled their outstanding taxes.
Furthermore, the State Minister clarified that the actual situation regarding tax defaults differs from what has been presented by the Ways and Means Committee.
Latest Headlines in Sri Lanka
- PUCSL warns CEB: Submit tariff plan by December 6, 2024 or face action November 25, 2024
- ADB approves $200 million to modernize Sri Lanka’s power sector November 25, 2024
- Over 120,000 tourists arrive in Sri Lanka in first 20 days of November 2024 November 25, 2024
- Court orders release of Sujeewa Senasinghe’s SUV on Rs. 100 million bond November 25, 2024
- IMF backs Sri Lanka’s plan to boost revenue with vehicle imports November 25, 2024
