Monday August 26, 2019

Sri Lanka to tax plastic goods

Nov 09, 2017 15:48 PM GMT+0530 | 0 Comment(s)

ECONOMYNEXT - Sri Lanka will charge an excise tax of 10 rupees a kilo on plastic goods and allow tax free import of machinery to produce degradable packaging, Finance Minister Mangala Samaraweera said.

This was part of measures to have a 'green economy' he said presenting a budget for 2018.

He said incentives will be given for producers of packaging from reed and similar materials.

Samaraweera said plastic waste had become big problem in the country.


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