Govt implements revisions to annual Excise Licence fees

Date:

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.

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...