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Last Updated : 2024-04-27 00:40:00
Pandithage also cited the recently imposed cess on bulk tea exports, which led to much controversy, as another challenge the industry had to take up in terms of managing costs.
The revised levy which was thrust upon the tea export sector in late January was Rs. 10 per kg or 5 percent on the preceding week’s Colombo auction elevational average for the particular grade of tea being shipped.
However the Sri Lankan government, facing a barrage of complaints from the tea industry stakeholders in early February, did an about-turn on the controversial decision to increase the tea export cess and resolved to reduce the amount of cess.
The Sri Lanka Tea Board export cess fund is said to be presently close to Rs.3 billion.
“We urge expeditious use of these monies intended for the promotion of Ceylon Teas in the international markets before our teas fade away from the minds of consumers,” the chairman stressed.
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