The Excise Department of Sri Lanka has announced plans to introduce a new type of alcohol at a lower price to combat the ...

Sri Lanka’s legal liquor consumption declined by 9.5 percent Year-on-Year (YoY) in the first ten months of 2024, driven by a significant drop in hard liquor consumption following tax increases ...

The Committee on Public Finance (CoPF) has approved a hike in excise duty on liquor but put the brakes on a proposed ...

In a bid to attract over 40% of the country’s illicit liquor drinkers into a much safer drinking culture the Department of Excise is mulling to introduce a new ‘quarter’ bottle with a lesser strength ...

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The proposal submitted by the Ministry of Finance to increase the Excise Duty received the approval of the Committee on ...