Increased import tax on big onions, potatoes extended

1 November 2018 01:31 pm - 4 - {{hitsCtrl.values.hits}}

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The special commodity levy on imported big onions and potatoes would be extended for a period of one month with effect from today, the Finance Ministry announced.

It said the import tax on big onion was increased to Rs. 40 from Rs. 1 per kilo six months before.

Accordingly, the import tax on potatoes was increased to Rs. 40 per kilogram from Rs. 30.

The Finance Ministry says that this decision has been taken with the reduction of local big onions and potato prices.

The tax increase is expected to control imports and increase the prices of local production. (Chaturanga Samarawickrama)

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Comments - 4

Ninja Thursday, 01 November 2018 05:50 PM

Just what the Yahapalanaya guys did as soon as they came in. The concessions are however subject to change as time goes by!!!

Ninja Thursday, 01 November 2018 06:08 PM

Bravo, bravo-suddenly onions and potatoes are not essentials. Next in line, gas and kerosene!!!

dickie bird Thursday, 01 November 2018 07:32 PM

Need to protect local growers.What is good must be acknowledged.We must be able to feed our own citizens

sandy Thursday, 01 November 2018 09:32 PM

What about carrot?

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Increased import tax on big onions, potatoes extended

Comments - 4

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