Sri Lanka’s State Finance Minister Ranjith Siyambalapitiya on Tuesday (3) annolunced that liquor prices will be increased.
He tweeted that the excise duty on all varieties of liquor, wines, beer etc. will be increased by 20% from midnight on Tuesday (03) & duty on cigarettes will be increased by 20% from 01 January.
According to a statement from the Finance Ministry, a Rs. 2 tax will be imposed on every single beedi (tendu) produced in Sri Lanka.
A Rs.90 cigarette expected to cost Rs.105, Rs.85 cigarette expected to cost Rs.100, Rs.70 cigarette expected to cost Rs.80, Rs.60 cigarette expected to cost Rs.70, Rs.15 cigarette expected to cost Rs.24: Ministry of Finance
