Srilanka, Nov. 13 -- The Gazette notification announcing the reduction of the Special Commodity Levy imposed on several essential food items has been officially issued.

Presenting the 2027 Budget to Parliament yesterday (12), President Anura Kumara Dissanayake announced that the tax reductions would come into effect from midnight yesterday.

Accordingly, the Special Commodity Levy on imported sprats has been reduced from Rs. 100 to Rs. 10 per kilogram, while the levy on Maldive fish has been reduced from Rs. 202 to Rs. 10 per kilogram.

Furthermore, the Special Commodity Levy imposed on both crushed and uncrushed dried chillies has been reduced to Rs. 50 per kilogram.

Published by HT Digital Content Services with permission from Ada De...