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April 18, 2024
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October 20, 2023
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October 18, 2023
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October 12, 2023
Latest news, analysis and opinions from the Daily FT, Sri Lankas only national business newspaper. ..
October 11, 2023
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December 18, 2022
Excise Commissioner General MJ Gunasiri says that there is no other industry which can match the magnitude of frauds and corruption as the liquor industry. “There are reasons for that. For example, the actual cost of a bottle of liquor priced at Rs 2,500 is around Rs 600-700. The balance is taxes payable to the […]
July 2, 2022
Sri Lankan Custom officials along with the countrys Excise department on Friday seized foreign alcohol worth Rs 60 million along with cosmetics, turmeric and cigarettes sent in several large UPBS (Unaccompanied Passenger Baggage) from Dubai, a local media reported citing the sources in the department.