New tax to be imposed on imported coconut oil

Date:

By: Isuru Parakrama

Colombo (LNW): A new tax will be imposed on imported coconut oil in a move to protect the local coconut oil producers, revealed Finance State Minister Ranjith Siyambalapitiya.

Accordingly, the government has paid its attention on imposing a tax of Rs. 25 per litre of imported coconut oil from next week.

Share post:

spot_imgspot_img

Popular

More like this
Related

Sri Lanka Considers Compensation for Colonial Abuses

Sri Lanka’s Parliament has become the latest arena in...

Sri Lanka’s US Trade Surplus Faces Test amid Rising Tariffs

Sri Lanka’s trade relationship with the United States remains...

World Bank Strategy Targets Jobs, Resilience after Sri Lanka Floods

With Sri Lanka facing recurring floods and cyclones that...

Rising IPO activity to Redefine Sri Lanka’s Capital Market Position

 Sri Lanka’s capital market trajectory in 2026 will be...