JVP accuses customs of levying low tax on oil consignment

JVP accuses customs of levying low tax on oil consignment

JVP accuses customs of levying low tax on oil consignment

Written by Staff Writer

22 Dec, 2020 | 10:02 pm

COLOMBO (News1st): The Janatha Vimukthi Peramuna (JVP) has accused the customs department of levying a low tax on a 7000 metric tonne oil consignment imported by a company named Wilmar last month.

JVP leader Anura Kumara Dissanayake pointed out that the stocks had reached the country on November 14 when the government had issued a gazette fixing the special commodity levy on the product at Rs 125 a kilo.

“…the customs had only charged a Rs 100 tax for every kilo of coconut oil that was imported. The tax charged is Rs 25 less the value indicated in the gazette,” Dissanayake claimed at a media briefing.

He said that Wilmar Pvt. Ltd. – the importer – is engaged in a joint venture with India’s Adani Group that is preparing for a stake in managing the Colombo Port’s East Container Terminal.

The JVP leader insisted that Wilmar Pvt. Ltd. has imported 100,000 metric tonnes of sugar since October 13 at a massive concessionary tax rate offered by the government.

“The government has allowed a group of businessmen to earn profits in an unethical manner,” he noted adding that such moves have deprived the country of revenue.

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