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Balumgala 2015-09-10 SIPA Agreement

http://www.vilanguwa.info/2015/09/balumgala-2015-09-10-sipa-agreement-hirugossiplankadeepa.html
10 September 2015

Import duty on Sugar and potato increased; no change in control price The Finance Ministry stated that they have increased the tax imposed on imported sugar and potato. Accordingly import tax on 1 kilo of sugar has been increased by Rs. 12 while import tax on 1 kilo of potato has been increased by Rs. 10. As a result, the import tax on 1 kilo of sugar will increase from Rs. 18 to Rs. 30, while import tax on 1 kilo of potato will increase from Rs. 30 to Rs. 40. However, the fixed price on sugar, which amounts to Rs. 88, will not change following the tax increment. A spokesperson of the Finance Ministry stated that the import tax on potato was increased due to potato farmers commencing their harvesting period.

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