January 14, Colombo (LNW): The government has announced a revision in the Annual Excise Licence fees, effective from January 12, 2024.
Specifically, the Distillery Licence fee, excluding Palmyra arrack, has been adjusted to Rs. 25 million, whereas for Palmyra arrack, it stands at Rs. 05 million.
Additionally, the Licence fee pertaining to the bottling of Toddy has been revised to Rs. 10 million.
These adjustments in the fee structure are part of the government’s ongoing efforts to streamline and regulate the excise framework in the country.