Because of the amendments made by the Government to the Cess tax imposed on 637 imported items under 187 HS Codes with effect from yesterday (15) prices of those items will be increased according to the Ministry of Finance .
President Ranil Wikramasinghe as the Minister of Investment Promotions has issued the relevant government notification on November 14, by virtue of the powers vested with him by Section 14 of Export Development Act No. 40 of 1979.
Accordingly the prices of imported items including butter, dairy spreads,
cheese, curd, onions, garlic, many vegetables/ fruits, soap, wet
wipes, cement, notebooks, exercise books, air conditioning machines,
household or laundry washing machines, and ballpoint pens will be
increased it has been announced.
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