Connect with us

News

Raids lead to increase in Excise revenue

Published

on

The excise revenue had increased by one billion rupees following raids on counterfeit revenue stickers affixed to bottles of liquor within a month after Chairman of the Parliament Committee on Ways and Means Champika Ranawaka threatened to replace the existing sticker with a new digital one, Parliament sources said yesterday.

The sudden increase in the number of raids and the revenue collected in the form of fines was observed during yesterday’s session of the Committee on Public Finance, according to Parliament sources.

During the one-month period following Ranawaka’s proposal to issue a fresh tender for the introduction of a digital sticker to replace the currently used one by the Madras Security Printers Company of India, over 100,000 bottles of liquor, with counterfeit revenue stickers, were identified in the raids, sources said.

Ranawaka’s proposal stipulated that the new digital sticker should feature a QR code for easy customer scanning and should include information such as the specific bottle’s amount of direct tax and a summary of the bottle’s content composition, Parliament sources said.



Continue Reading
Click to comment

Leave a Reply

Your email address will not be published.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

Latest News

French Navy Ship ‘BEAUTEMPS BEAUPRE’ arrives in Colombo

Published

on

By

The French Navy Ship ‘BEAUTEMPS BEAUPRE’ arrived at the Port of Colombo on a goodwill visit today. (09 May 25)

The visiting ship was welcomed by the Sri Lanka Navy in compliance with time-honoured naval traditions.

The 80.65m long ‘BEAUTEMPS BEAUPRE’ is a Hydrographic Vessel commanded by Commander BERTHEAU Dimitri and she is manned by 58 crew members.

Meanwhile, the Commanding Officer and a group of crew members of the ship are scheduled to call on senior officers of the Sri Lanka National Hydrographic Office (SLNHO) to discuss key hydrographic matters of bilateral importance.

During the stay in the island, crew members of the ship will explore some tourist attractions within the country and the ship is scheduled to set sail from Colombo on 13 May.

Continue Reading

Latest News

2 SLAF gunners, 4 Special Force personnel dead in Bell 212 crash

Published

on

By

It has been reported that two Sri Lanka Air Force helicopter gunners and four Special Forces personnel have been pronounced dead after a SLAF Bell 212 helicopter crashed into the Maduru Oya Reservoir this (09) morning.

There were a total of 12 armed forces personnel on board the ill-fated aircraft.

Continue Reading

Latest News

Bell 212 helicopter crashes into Maduru Oya reservoir

Published

on

By

It has been reported that a Sri Lanka Air Force Bell 212 Helicopter has crashed into the Maduru Oya Reservoir this morning.

Continue Reading

Trending