Government has decided to reduce the tax imposed on imported Coconut oil to control the rising prices of Coconut oil in the local market the Minister of Agriculture and crop industry Mahinda Amaraweera.
.At present a tax of R.150 is being imposed on a Liter of imported Coconut oil and as there is around 70,000 metric tonnes of Imported Coconut oil is being available in the country no one can complain that there is a coconut oil shortage he has stated.
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