LNP – Court rejects W.M. Mendis’ petition challenging Excise license suspension
The Court of Appeal has ordered the dismissal of a petition filed by the W.M. Mendis & Co. Limited today (04) without taking it up for hearing.
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Business
LNP – W.M. Mendis’ liquor manufacturing license to be suspended
The liquor manufacturing license issued to W.M. Mendis & Co. Limited will be suspended from tomorrow (December 5) due to their failure to pay Rs. 5.7 billion in excise taxes and surcharges, the Excise department said.
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LNP – Millers agree to supply rice at controlled price to market
Rice millers have agreed to supply 200,000 kilograms of rice daily to the market through the ‘Lanka Sathosa’, at a controlled price effective from today (04),
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LNP – Half a coconut selling at Rs. 120
Due to a shortage of coconuts in the country, it is reported that half a coconut is being sold at a price between Rs. 100 and Rs. 120.
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LNP – Mill owners warn of looming rice shortage
The All Ceylon Small and Medium Scale Mill Owners’ Association warns of a looming rice shortage if the government fails to import rice within the next two weeks.
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LNP – Govt. to revise electricity tariff soon, refutes 3-year claim
The government will take measures to revise the electricity tariff by a certain margin, and it will not take three years as claimed by Trade Minister Wasantha Samarasinghe,
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LNP – Super luxury vehicles in government institutions to be disposed
The Government has decided to dispose super luxury vehicles used in government institutions given their high maintenance and fuel costs.
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LNP – Cabinet approval to allow rice imports without permits
The Cabinet of Ministers has approved the proposal to allow the import of rice without import control permits until 20 December, 2024.
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LNP – No change in Litro Gas prices for December
The Litro Gas Company says that the prices of its domestic LP Gas cylinders will remain unchanged for the month of December 2024.
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LNP – Excise Dept. to suspend licenses of tax defaulting liquor manufacturers
The Excise Department has announced that strict actions under the Excise Ordinance will be taken to suspend the production activities of companies that continue to default on excise duty arrears, with their licenses for 2025 withheld.
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