VAT

Prices of Special Arrack and Coconut Arrack are to be increased by a substantial amount in line with the hike in excise duty and the Value-Added Tax (VAT). Accordingly, the prices are supposed to go up by around Rs.400 per bottle.

The prices of all liquor products manufactured by the Distilleries Company of Sri Lanka PLC (DCSL) are expected to go up from 01 January 2024. Accordingly, the prices of all DCSL brands of liquor will be increased by Rs. 90, Rs. 50 and…

The Cabinet of Ministers, at its meeting on Monday (Dec.11), has granted approval to reduce the Value-Added Tax (VAT) registration threshold. As such, the VAT registration threshold is expected to be slashed from Rs.80 million per annum…