Mendis pays Rs. 6 billion arrears as excise duty

News

A private local liquor manufacturing company, W.M. Mendis & Co., owed the Finance Ministry a staggering Rs. 6 billion as excise duty.
The payments had accumulated over a period of time. Just weeks earlier, the Finance Ministry sent the company a final warning before cancelling its licence to operate.
Pronto, the Rs. 6 billion owed to the Treasury was settled.

Read more Cafe Spectator

Comments

Still No Comments Posted.

Leave Comments

Most Reviews

May 31, 2025

- 457 - 0

Flt Lt Kasun Cumaratunga , more than a pilot, a guardian remembered on his 37th death anniversary

Kasun, was born in 28th Sept 1964, the grandson of the legendary author and linguist Munidasa Cumaratunga and son of SSP Bindu Kumaratunga and Winifred

June 2, 2025

- 422 - 0

National Tax week launched

The Inland Revenue Department (IRD) backed by the Excise and Customs Department today launched a fresh drive to collect taxes including some Rs.780 billion listed as ‘collectable defaults’.

June 2, 2025

- 329 - 0

SriLankan Airlines’ new A330 Fleet to perform low fly past over Colombo on Wed.

May 29, 2025

- 250 - 0

Mahindananda and Nalin Fernando Jailed

Former Sports Minister Mahindananda Aluthgamage and former Sathosa Chairman Nalin Fernando have sentenced to 20 and 25 years respectively after they were found guilty in a case of fraud.

May 30, 2025

- 247 - 0

In Pix: Weather situation in Colombo

June 3, 2025

- 173 - 0

Krishanthi Kumaraswami convicts FR dismissed by SC

The Supreme Court today unanimously dismissed a Fundamental Rights petition filed by five convicts in the 1996 Krishanthi Kumaraswamy abduction, rape, and murder case.