Supreme Court yesterday issued an interim order suspending the gazette notification that imposes minimum Rs. 200 million Excise Tax on alcohol and beer manufacturers. The new minimum Excise Tax of Rs. 200 million was imposed on spirit manufacturers through the government's interim budget. It was published in the February 13 Gazzette. The licenses of liquor manufacturers, who fail to pay this monthly Excise Tax, were to be cancelled, according to it. The court was taking up a petition filed by four alcohol and beer manufacturers. The lawyers appearing for complainants pointed out that the tax concerned have been imposed on them disregarding the production quantity and the capacity of the manufacturer in terms of size of his business and that it is unfair to impose a tax of a kind on everyone.
The death toll in the Ella bus accident has increased to 15 with 16 others injured.
Sri Lanka’s largest renewable energy project, the ‘Rvidanavi’ Solar Power Park project was launched in Siyambalanduwa today by President Anura Kumara Dissanayake.
Former President Mahinda Rajapaksa is due to vacate his official residence at Wijerama Mawatha, Colombo this morning, a Sri Lanka Podujana Peramuna (SLPP) source said.
The Presidents’ Entitlements (Repeal) Bill was passed by a majority of 150 in parliament today. However the opposition MP’s were absent during the voting.
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