News
Excise duty on liquor & cigarettes upped by 20%
The Finance Ministry today (03) announced that the excise duty for all varieties of liquor and cigarettes will be increased by 20% from midnight today (03).
State Minister of Finance Ranjith Siyambalapitiya said that excise duty on all varieties of liquor, including wines, beer etc. will be increased by 20%.
Due to the 20% increase of Excise Duty on liquor, the prices of a bottle of 750ml Special Arrack will be increased by Rs. 206, locally brewed foreign liquor by Rs. 266, Beer (Vol. 4.8% – 625ml) by Rs. 21 & Beer (Vol. 8.8% – 625ml) by Rs. 39.
He added that the excise duty for cigarettes is increased with effect from the 01st of January 2023.
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