Ceylon Petroleum Corporation

VAT exempted on locally produced milk and yogurt; digital services and traders face new tax changes

The Inland Revenue Department (IRD) announced that locally produced liquid milk and yogurt are now exempted from Value Added Tax (VAT), following the enactment of the Value Added Tax (Amendment) Bill. In a statement issued this week, the…

IMF delegation reviews progress of CEB, CPC operations

Editor

The visiting delegates of the International Monetary Fund (IMF) held a discussion on Tuesday (March 11) at the Ministry of Power and Energy to review the progress of Ceylon Electricity Board (CEB) and the Ceylon Petroleum Corporation (CPC)…

Fuel prices revised

Editor

The Ceylon Petroleum Corporation (Ceypetco) announced that fuel prices will be revised with effect from midnight yesterday (January 31). Accordingly, the price of Petrol Octane 92 will be increased by Rs. 5 to Rs. 371 per litre while…