Import tax on canned fish increased: Min. Rajitha Senaratne gives reasons

Import tax on canned fish increased: Min. Rajitha Senaratne gives reasons

Import tax on canned fish increased: Min. Rajitha Senaratne gives reasons

Written by Tharushan Fernando

28 Jan, 2016 | 9:44 pm

Cabinet has decided to increase the import tax on a kilogramme of imported canned fish from Rs.50  to Rs.100 .The government says that this decision was taken to encourage local manufacturers.

Cabinet Spokesperson, Minister Dr. Rajitha Senaratne noted that this 100 rupee tax has been slapped on to those who import canned fish. The minister said that in addition to this, it is required that they maintain quality because they “always import sub-standard goods.”

“I constantly pointed this out during the past as well,” he said, adding that this makes it very difficult for the country to compete with because they bring down “this rubbish” from China. He stated that the tax will be imposed as soon as it is gazetted.

Meanwhile, the cabinet paper which was tabled by the Ministry of Petroleum Resources Development to decide on the price of fuel in the country is yet to receive cabinet approval.

In regard to this, Cabinet Spokesperson, Minister Dr. Rajitha Senaratne noted that if a price formula is to be brought for fuel, then bring in a price formula for everything else as well. The minister also stated “and if a price formula is brought when the price is reduced: then one should be brought when prices increases as well.

The minster further noted that the price of oil price can be reduced, “but just because the price of oil is increased, Maithripala Sirisena will not take the money home and when the cost of living increases it is you who have to bear the cost of it the other way around.”
He further added that it is known how much of billions the CPC is in debt and the government needs to bear all the cost at the end.

When questioned about the large stocks of paddy in Sathosa, the minster noted that these stocks are spoilt because two hundred thousand metric tonnes of paddy was stored in order to win elections and then issue them at a lower cost. But they were not able to distribute them, which is why it was decided to utilise it for animal consumption.

He further noted that the next problem would have been if these stocks were released to the market the paddy harvest of the farmers would have had fallen to just Rs.15.

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