Tax on wheat flour imports, upped
State Minister of Finance Ranjith Siyambalapitiya says the permit system to import wheat flour has been suspended.
The State Minister said the tax imposed on a kilogram of wheat flour increased to Rs. 27 from Rs. 16.
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The Cabinet of Ministers has given the approval to import 92.1 million eggs from India during the next 3 months.
Cabinet approval has been granted to a resolution in this regard, tabled by President Ranil Wickremesinghe in his capacity as the Minister of Finance, Economic Stabilization & National Policies.
Accordingly, the Sri Lankan government has called quotations from 3 Indian companies recommended by the Department of Animal Production & Health.
The eggs will be imported through the State Trading (Miscellaneous) Corporation, considering the recommendation made by the standing procurement committee appointed by the Cabinet of Ministers based on the price specifications, the Government Information Department mentioned.
According to field sources, it will cost around USD 55 million to import these eggs.
The Treasury has withdrawn the duty waiver granted for imported milk powder.
The decision has been taken with the aim of adjusting to world market prices, a senior official said. Accordingly, the applicable Customs import duty on the importation of powdered milk is 20% or Rs. 225 for a kilogram, whichever is higher, the Treasury states.
Meanwhile, the Treasury has reduced the special commodity levy on imported eggs from Rs. 50 an egg to Rs. 1 to encourage private sector imports. So far only the state sector has been importing eggs from India.
Egg prices have been dropping steadily after the removal of price controls and the import of eggs from India.
However, local producers said if the government reduced the taxes imposed on food items used in the poultry industry they could further reduce prices.
An investigation has been launched following a complaint made by a lawyer that there were worms in a parcel of roti bought from Hotel de Plaza restaurant located at No. 329, Galle Road, Kollupitiya, it was reported to Sri Lanka Mirror.
The Wellawatta Medical Officer of Health (MOH) Office has received the complaint and investigations have been launched accordingly.
When asked about the investigation, the Wellawatta MOH Office said that they will conduct a formal investigation regarding the restaurant and take appropriate action.