Customs duty concession on wheat flour removed

Date:

By: Isuru Parakrama

Colombo (LNW): The government will be removing the customs duty concession of Rs. 3 per kilo provided for wheat flour, revealed Finance State Minister Ranjith Siyambalapitiya.

Accordingly, the customs duty of Rs. 3 per kilo on wheat flour will be re-imposed and wheat flour prices will be managed to protect the 90 per cent of subsistence level paddy farmers, he added.

The removal, however, will not affect the price of wheat flour, the Minister pointed out addressing the media after attending an event held in Awissawella yesterday (07).

Share post:

spot_imgspot_img

Popular

More like this
Related

Are the Jury and the Executioner the Same in Seeppukulama, Mihintale? Outrage as Elephant Killed in Brutal Attack

Are the Jury and the Executioner the Same in Seeppukulama, Mihintale? Outrage as Elephant Killed in Brutal Attack

Government’s Policy Reforms Risk Delaying Cyclone Recovery

Sri Lanka’s post-cyclone recovery effort stands at a crossroads...

Rs.150 Million e-Court Push Tests Government’s Reform Credibility

The government’s decision to allocate Rs. 150 million for...

Economic Engines Slow but Stay Resilient in November

Sri Lanka’s manufacturing and services sectors maintained expansion in...