SC stays Rs. 200 Mn Excise Tax

25 March 2015 09:06 am - 9     - {{hitsCtrl.values.hits}}

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The Supreme Court today issued an interim order suspending the gazette notification which imposed a Rs. 200 million Excise Tax on alcohol and beer manufacturers.

    

 
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  Comments - 9

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  • sadees Thursday, 26 March 2015 10:34 AM

    Iyyo, mudalaali will be very upset.

    upali Wednesday, 25 March 2015 02:54 PM

    Why the govt. imposing such exorbitant taxes and where is the money they have saved by stopping corruption?

    Cobra Thursday, 26 March 2015 06:37 AM

    In other words at the end of the day it is we who will have to pay this tax just to cool our throats!!!

    mark Thursday, 26 March 2015 06:52 AM

    The judiciary can look into the constitutionality of tax measures. If its unconstitutional it can be struck down

    simon Wednesday, 25 March 2015 04:54 PM

    They do not have proper tools to stop the corruption !

    ANTON Wednesday, 25 March 2015 05:17 PM

    PRAISE THE LORD........

    shamon Wednesday, 25 March 2015 05:31 PM

    mathata titha kapothi via DM Android App

    Bandu Wednesday, 25 March 2015 05:44 PM

    Who makes taxation decisions? Judiciary or the Government? What competencies, constitutional responsibilities and rights do they have for that?Can someone please clarify?Thanks

    Prem Nath Wednesday, 25 March 2015 11:47 PM

    Even the FM cannot make arbitrary decisions to tax companies without first investigating.


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See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.