INSUBCONTINENT EXCLUSIVE:
The import tax on ethanol used for manufacturing disinfectant liquids, reduced during the Covid-19 pandemic, has been increased to its
previous levels, the Ministry of Finance says.Finance State Minister Ranjith Siyambalapitiya says the government expects to collect tax
1.6 billion through this import tax hike.When the Covid-19 pandemic was prevalent, ethanol was imported to the country in large volumes for
the manufacturing of disinfectant liquids
Accordingly, the import tax on ethanol was reduced on two occasions on April 30 and June 09.Meanwhile, the government has decided to raise
This article first appeared/also appeared in https://adaderana.lk
