The Sri Lankan government has announced an extension of the special commodity levy of Rs. 50 per kilogram on imported sugar until December 31. This tax was originally set to end on November 1. Still, a Gazette notification signed by President Anura Kumara Dissanayake, also the Minister of Finance, has confirmed the extension.
This tax on sugar imports was first introduced on November 1 last year. The purpose was to help control prices in the local market during changes in the global sugar trade.
Former minister Manusha Nanayakkara criticized the move, saying the government has failed to follow through on its promise to cut taxes on essential goods. He pointed out that while the government has publicly committed to easing the tax burden on food items, it has taken steps to retain the tax on sugar imports.
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