Govt. says no tax increase on sanitary towels - News Summed Up

Govt. says no tax increase on sanitary towels


November 25, 2020 by Lahiru Pothmulla No CommentsState Minister Shehan Semasinghe said taxation on sanitary towels have not been increased and that it remains unchanged. The State Minister said, “Pre-budget a 30% “Custom Import Duty” (CID) was charged. Post budget CID is reduced to 15% and a CESS of 15 % is introduced. Therefore, taxation remains the same. As such, the government has not taken any measures which results an price increase of sanitary towels.”


Source: The Nation November 25, 2020 05:03 UTC



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