Govt. raises taxes on imported rice

Monday, 1 February 2016 00:00 - - {{hitsCtrl.values.hits}}

Minister of Finance Ravi Karunanayake said the commodity levy on imported rice has been raised by 15% effective midnight Sunday.

Accordingly duty on a kilogram of imported rice has been increased from 35 rupees to 50 rupees. The government has taken the measure ensure a fair price for rice in the market due to a surplus in local paddy stocks and the release of the harvest into the market.

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.