Excise Chief denies allegations of unlawful licence issuance during Presidential Election

Date:

September 29, Colombo (LNW): The Commissioner General of Excise, M.J. Gunasiri, has dismissed recent claims alleging the illegal issuance of a significant number of excise licences during the Presidential Election period.

Addressing the concerns, Gunasiri firmly stated that the accusations were baseless and clarified the facts.

According to Gunasiri, only 172 excise licences have been granted since May 2023, all in compliance with a government policy decision.

He further emphasised that these licences were not issued under any undue circumstances but followed the proper regulatory framework established by the government.

Highlighting the economic benefits, the Commissioner General noted that these 172 licences have contributed an impressive Rs. 2.2 billion in revenue to the state.

This substantial income, generated in just a few months, reflects the robust management of the excise sector.

In addition to addressing the licence issue, Gunasiri assured that all companies involved in the issuance of these licences had committed to clearing their outstanding tax arrears for 2023 and 2024 by 30th November.

This development is expected to further stabilise the excise department’s financial standings and contribute positively to state revenues.

The Excise Department has pledged to maintain transparency and ensure that all processes adhere to legal and regulatory standards.

Share post:

spot_imgspot_img

Popular

More like this
Related

Govt. Prepares National Tariff Policy to Boost Trade and Attract Investment

By: Staff Writer July 18, Colombo (LNW):The Sri Lankan government is...

Lanka Ashok Leyland Plans Electric Bus Rollout amid Push for Greener Public Transport

By: Staff Writer July 18, Colombo (LNW): Lanka Ashok Leyland PLC,...

Digital Transformation Hits a Wall: Company Registrar System Collapse Sparks Concerns Over Government’s Vision

To curb corruption and deliver more efficient, transparent public...

Sri Lanka Steps Up Anti-Money Laundering Fight with Oman Pact and Global Collaborations

In a significant move to strengthen its capabilities in...