Tax on wheat flour reduced from Rs. 36 to Rs. 8
Posted by Editor on December 16, 2019 - 4:15 pm
The government has removed the consolidated tax of Rs.36 per kilogram of imported wheat flour and replaced it with the Special Commodity Levy of Rs.8 per kilogram.
The Finance Ministry also noted that with the introduction of Special Commodity Levy of Rs 8/- per KG of wheat flour, traders can import wheat flour directly to sell them at a competitive price.
This Special Commodity Levy will come into effect from December 14th through a special Gazette notification issued by Prime Minister Mahinda Rajapaksa as the Minister of Finance, Economy and Policy Development.
Latest Headlines in Sri Lanka
- Cabinet approves Sri Lanka’s interim budget for early 2025 November 26, 2024
- Sri Lanka Government issues gazette on ministries’ subjects and responsibilities November 26, 2024
- 32 Sri Lankans rescued from human trafficking in Myanmar November 26, 2024
- 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
