Sri Lanka cuts taxes in 13 goods

COLOMBO (EconomyNext) – Sri Lanka will cut taxes on a 13 consumer goods ranging from wheat to tinned fish, Ravi Karunanayake said.

Import taxes in wheat will be cut by 10 rupees a kilo which may reduce the price of a kilo of wheat by 12.50 rupees.

Tinned fish prices will be brought down to 52 rupees from 102.

Corriander down by 26 a kilo to 20. Powdered coriander reduced from 110 to 60 rupee.

Maldive fish taxes were down by 200 rupees.

Taxes on green gram, sprats and dried chillie powder will also be cut.

An import tax on cement and steel will also be cut helping house builders.


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