Announcing this pre-budget benefit, in a media briefing at the ministry, with the State Minister of Finance Eran Wickremaratna, the minister told that majority of the consumers will benefit from this action, due to reduction of prices.
According to the announcement, the levy of following food commodities will reduce in following manner.
|
Item |
Prevailing Duty Rate (Rs. Per kilo) |
New Duty Rate (Rs. Per kilo) |
Duty Reduction by (Rs. Per kilo) |
|
Sprats |
11 |
01 |
10 |
|
Potatoes |
40 |
01 |
39 |
|
B’ onions |
40 |
01 |
39 |
|
Lentils - whole |
10 |
01 |
09 |
|
Lentils - Split |
15 |
03 |
12 |
|
Dried fish |
102 |
52 |
50 |
|
Palm oil/other veg. oil - crude |
110 |
95 |
15 |
|
Palm olen |
115 |
100 |
15 |
|
Palm stearin |
110 |
95 |
15 |
|
Refine palm oil |
135 |
110 |
25 |
|
Other veg. oil refine |
130 |
105 |
25 |
|
Palm Kernal – crude |
130 |
105 |
25 |
|
Refine |
145 |
110 |
35 |
|
Coconut oil (Crude/ Refine) |
130 |
105 |
25 |
