Blog Archives

Safety sticker on liquor bottles brought 20% income to Excise dept.- Siyambalapitiya-by Chatruanga Pradeep Samarawickrama Source:Dailymirror While commenting on the proposal made to paste security stickers on liquor bottles, the Excise Department had gained a 20% income when compared with the sales done in the past 10 years, Finance State Minister Ranjith Siyambalapitiya said.  He sais the alcohol tax revenue has increased in a background where the consumption of alcohol has come down by 30%. The reason for this growth is that the money spent on illegal or fake alcohol is received as tax revenue, the Minister points out that.  ...