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Last updateThu, 13 Sep 2018 10am

Business News

Special commodity levy on potatoes increased


The Government has decided to increase the Import Levy on potatoes with the prime purpose of protecting the local cultivator. The special trade levy of 'one rupee' imposed on a kilogramme of imported potatoes has been increased up to '30 rupees', with effect from midnight yesterday.

The local potato harvest is now reaching the market. As such the import levy on potatoes has been increased with the aim of granting relief to the local farmer. The Ministry of Finance said this tax revision will be effective until the 31st of next month.

Local News