tax arrears – Newswire https://www.newswire.lk Sri Lanka's largest News aggregator Mon, 11 Nov 2024 04:52:29 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.8 https://www.newswire.lk/wp-content/uploads/2020/05/favicon.png tax arrears – Newswire https://www.newswire.lk 32 32 Liquor companies owe Rs. 1.8 bn in tax arrears https://www.newswire.lk/2024/11/11/liquor-companies-owe-rs-1-8-bn-in-tax-arrears/ Mon, 11 Nov 2024 04:52:29 +0000 http://www.newswire.lk/?p=164418

Liquor manufacturers owe Rs. 1.8 billion in tax arrears for the period covering last year to date, the Excise DepartmentContinue Reading

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Liquor manufacturers owe Rs. 1.8 billion in tax arrears for the period covering last year to date, the Excise Department reported

A notice was issued recently by the Excise Department informing liquor manufacturers to settle the tax arrears by 30 November 2024.

The total amount of unpaid taxes by liquor companies amounts to Rs. 8.5 billion, the Excise Department said.

The department further warned that legal action will be initiated against any company that fails to settle its tax arrears. (Newswire)

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