The Colombo Magistrate’s Court has sentenced the Director of W.M. Mendis Distilleries, Arjun Aloysius and two others to 06 months in prison for defaulting the payment of Rs. 3.5 billion in Value Added Tax (VAT) by the company.
The relevant case was filed against the company by the Inland Revenue Department (IRD) for defaulting the payment of Rs. 3.5 billion in taxes owed to the government during the period from 2016 to 2019, Ada Derana reporter said.
The case was taken up before Colombo Additional Magistrate Bandara Ilangasinghe this morning (14).
On November 14, 2023, the court had ordered the accused to complete the due payments. The imprisonment was imposed over failure to complete the relevant payments as per the court order.
The Cabinet of Ministers has granted approval to a proposal to increase the monthly minimum…
President Anura Kumara Dissanayake has personally written to United States President Donald Trump on ways…
Indian Prime Minister Narendra Modi, on his way back from Sri Lanka, had a Darshan…
Adani Ports and Special Economic Zone (APSEZ) shares surged 3.6% to their intraday high of…
A total of 10 special trains will be in operation for the convenience of those…
New Democratic Front (NDF) Parliamentarian Chamara Sampath Dassanayake, who was arrested over the alleged misappropriation…