Excise Department suspends W.M. Mendis liquor license over Rs. 5.7 Billion tax arrears
Posted by Editor on December 4, 2024 - 7:51 pm
The Excise Department of Sri Lanka has announced that the liquor manufacturing license of W.M. Mendis & Company Limited will be suspended starting tomorrow, December 5, 2024, due to the company’s failure to pay Rs. 5.7 billion in excise taxes and surcharges.
This decision is in line with the provisions of the Excise Ordinance Act, as confirmed by the Commissioner General of Excise.
The suspension will halt the liquor production process from December 5, 2024, and if the company continues to neglect its tax payments, the Excise Department will take further action by not renewing any other licenses issued to the company after December 31, 2024.
Latest Headlines in Sri Lanka
- Sri Lanka Health Minister pushes SPMC to boost medicine production by 2026 January 18, 2025
- President Dissanayake faces pressure to tackle Sri Lanka’s human rights crisis January 18, 2025
- Court orders release of Sri Lankan man detained in Cyprus January 18, 2025
- Sri Lankan President concludes landmark state visit to China, boosting bilateral ties January 18, 2025
- Sri Lanka Air Force commissions 84 new officers in grand ceremony January 18, 2025
No worries; only the rich drink Mendis.
Kassippu is our saviour.
It begs the question, Why Didn’t the Excise Department take action years earlier re the unpaid taxes ??? Political corruption ?? If so, the Excise Department should name the politicians forthwith, or explain the cause of their inaction.