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Tax on several food imports, upped

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The government has announced an increase in taxes on certain imported goods, effective from October 14 to December 31, 2024.

Under the new regulations, a tax of 25 cents per kilogram will be imposed on Mysore and yellow lentils (whole and split).

Also, a special commodity levy of Rs. 302 per kilogram has been imposed on maldive fish while a tax of 10% or Rs. 400 per kilogram will be imposed on frozen fish, excluding de-boned fish and other processed fish.

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“Raja Lunu” to hit the market soon

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The National Salt Limited has announced plans to release a new brand of table salt under the government label, named “Raja Lunu,” to the local market in the near future.

This launch coincides with the formal transfer of the Alimankada Salt Factory to public ownership on the 29th of this month.

Chairman of National Salt Limited, Mr. Gayan Wellala, stated that the factory will produce and distribute “Raja Lunu” salt at an affordable price, aiming to offer a quality product at a concessionary rate.

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CAA confiscates Keeri Samba stocks worth over Rs. 3.8 mn.

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The Consumer Affairs Authority (CAA) has confiscated a stock of Keeri Samba rice worth over Rs. 3.8 million.

 The stocks were officially seized today (March 18) following a legal case against two shop officials in Colombo 12.

On February 11, the Colombo Chief Magistrate’s Court (No. 5) fined shop owner Abdul Jabbar Mohamed Siyas and manager Kuruppan Murugayya Rs. 10,000 and Rs. 20,000, respectively, after they pleaded guilty to hoarding rice. 

The case was filed after a raid conducted by the CAA revealed that the shop falsely claimed to be out of Kiri Samba rice, despite hiding 3,000 five-kilogram packs on the premises.

Under the Consumer Affairs Authority Act, when a retailer is found guilty of falsely declaring goods unavailable, the court has the authority to confiscate the stock.

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Delegation of Indian automobile manufacturer visits SL

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A 18-member delegation from the Society of Indian Automobile Manufacturers (SIAM) visited Sri Lanka from March 17 – 18, 2025.

The delegation included representatives from leading Indian vehicle manufacturers across all segments, including commercial vehicles, passenger vehicles, two-wheelers, and three-wheelers.

During the visit, the delegation called on Minister of Industry and Entrepreneurship Development, Hon. Sunil Handunneththi, and Deputy Minister of Industry and Entrepreneurship Development – Chathuranga Abeysinghe. 

In addition, they held meetings with senior officials from the Ministry of Finance, Board of Investment of Sri Lanka, and with the members of Ceylon Motor Traders Association.
The delegation also met Deputy High Commissioner of India, Dr. Satyanjal Pandey, and apprised him on the operations of Indian automobile companies in Sri Lanka.

This visit further strengthens the economic partnership between India and Sri Lanka, fostering collaboration and development in the automobile industry.   

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