Cabinet approval has been granted to amend the Tea promotion levy as set out by the Sri Lanka Tea Board Law to Rs 3 from Rs 3.5.
According to a cabinet proposal by Minister Navin Dissanayake, the tax imposed on exported tea has resulted in extra cost to be borne by exporters.
The proposal which would amend the Tea Board Law will be gazetted before being tabled in Parliament.
However, the other direct and indirect taxes will be imposed as usual.
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Read this week’s Sunday Times for your interesting articles including the ’’5th Column’’.
Thousands of people have already arrived in Kandy in view of the special exposition of the Sacred Tooth Relic at the Sri Dalada Maligawa due to open on Friday evening.
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