Header Ad

Sri Lanka to tax plastic goods

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.
 

Latest Comments

Your email address will not be published. Required fields are marked *