Traders across various regions have urged the government to reconsider the Rs. 65 per kilogram tax imposed on imported rice, advocating for a reduction to alleviate market challenges. Consumer organizations echo these sentiments, emphasizing that a lower import tax could stabilize rice prices and make it more affordable for consumers. The government has implemented several […]
ECONOMYNEXT – Sri Lanka has earned 4.3 billion rupees in taxes from imports of 67,000 metric tonnes of rice, reports said, indicating the extent the consumer is taxed to grow expensive rice in the country. Sri Lanka taxes rice at 65 rupee a kilogram (65,000 rupees a tone) to keep the basic staple of the […]
The period granted by the Government for the importation of rice ended on midnight Friday (20), with a total of 67,000 metric tons of rice being imported during this period, said the Sri Lank Customs (SLC) media spokesman Seevali Arukgoda. He stated, “For this stock of rice, the SLC collected import taxes amounting to Rs […]
Traders across various regions have urged the government to reconsider the Rs. 65 per kilogram tax imposed on imported rice, advocating for a reduction to alleviate market challenges. Consumer organizations echo these sentiments, emphasizing that a lower import tax could stabilize rice prices and make it more affordable for consumers. The government has implemented several […]
ECONOMYNEXT – Several Sri Lanka importers have cancelled orders for rice due to a narrow window to ship products, and price controls, with bad weather in India leading to vessel delays, trade sources said. Sri Lanka lifted food controls on the people through licensing, imposed during Rajapaksa regimes, till December 20, allowing private companies to […]
