17 July 2025

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Excise revenue up to record high



The Excise Department has earned a revenue of Rs. 120.5 billion in the past 6 months of the year.

It is reported that it has exceeded the target set by the Ministry of Finance and has shown a progress of 102.6%.

The Excise Department has worked to recover Rs. 226.7 billion from the government last year.

It is also reported that the Excise Department earned a revenue of Rs. 178.6 billion in 2023 and Rs. 170.3 billion in 2022.

According to a concept of the president, the Excise Department has made an active contribution during the tax week called Badu Shakthi.

It is reported that it is continuously conducting on-site inspections of excise licenses, educating the public about excise license holders, and raidingillegal products.

  



(colombotimes.lk)




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