Various taxes on 47 essential food items removed

1 August 2017 05:39 pm - 11 - {{hitsCtrl.values.hits}}

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The government has decided to remove various taxes imposed on 47 essential food items including rice, sugar, potatoes and big onions and to impose a special commodity tax to provide relief to the consumers.

The decision was taken at the Cabinet Sub-Committee on cost of living that was convened on Monday.

It was decided to distribute a pack of essential food items worth Rs.5, 000 to the drought affected people for the next 2 months on the instructions of the President.

It was also decided to reduce the five rupee special commodity tax on imported rice to 25 cents to be effective till December 31 2017.

The tax imposed on a kilo of wet fish has been reduced by Rs. 50.

Meanwhile, the import custom duty on maize used in the poultry industry has been removed and a new special tax of Rs 10 per kg has been introduced.

The cess tax imposed on a kilo of imported milk powder has been reduced by Rs. 10 while a kilo of wheat has been reduced from Rs. 9 to Rs. 6.

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Comments - 11

johan Tuesday, 01 August 2017 08:36 PM

Good but finance ministry must implement price controlmethods on the essential items.Must employ inspectors in all areas

Gofaadil Tuesday, 01 August 2017 09:00 PM

Good move

Haramanis Tuesday, 01 August 2017 09:26 PM

Hoodwinking people - next borrow money to cover the loss in revenue

ant Tuesday, 01 August 2017 10:00 PM

When the government increases taxes, you people have aproblem. When the government reduces taxes, again you people have a problem. Only of Mr. Medamulana coomes to power will you be happy?

ANTON Tuesday, 01 August 2017 09:44 PM

LIQUOR AND CIGARETTES ARE INCLUDED IN THIS LIST ?

ceylon Tuesday, 01 August 2017 09:58 PM

why the hell taxing them .no work according to the taxess.charge only income tax.all other taxess are to loot from people. via DM Android App

Nish Tuesday, 01 August 2017 10:02 PM

Wow completely removed the fertilizer subsidy now reducing prices. Do you want farmers to suicide or do you want to send them to middle east as toilet cleaners?

Dee Tuesday, 01 August 2017 10:44 PM

Sugar price should not be reduced.

cedricillasinghe Wednesday, 02 August 2017 03:09 AM

WHY IS THE BIG TIME CRIMINAL RAVI KARUNANAYAKANOT ARRESTED FOR MONEY LAUNDERING ???

Nuvan Wednesday, 02 August 2017 04:19 AM

It will be interesting to see what JO jokers will have to say about this move.

CANDIDATE Wednesday, 02 August 2017 02:57 PM

DOES IT AN ELECTION BONAZA via DM Android App

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Various taxes on 47 essential food items removed

Comments - 11

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