DCSL announces price increases for alcoholic beverages in response to VAT revision

Date:

Colombo (LNW): The Distilleries Company of Sri Lanka (DCSL) has declared a forthcoming increase in the prices of its alcoholic beverages effective January 1, 2024, attributing the adjustment to the recent revision of the Value Added Tax (VAT).

The price adjustments will be as follows based on bottle size:

  • 750ml bottles: A rise of Rs. 90
  • 375ml bottles: An increase of Rs. 50
  • 180ml bottles: A rise of Rs. 20

Share post:

spot_imgspot_img

Popular

More like this
Related

Blue Diamonds Seeks Lifeline amid Investor and Compliance Challenges

Blue Diamonds Jewellery Worldwide PLC is attempting to chart...

Tax Windfall Masks Deeper Shifts in Vehicle Consumption

Beyond the headline figures of revenue windfalls and rising...

Government Rolls Out Massive Credit Lifeline for MSMEs

In the aftermath of Cyclone Ditwah, the Government has...

World Bank Warns: Recovery Holds, Structural Fault Lines Remain

Sri Lanka’s economic recovery, while stabilising on the surface,...