Milk powder tax to be reversed?

According to very reliable sources, the government is working to revise the tax levied on imported milk powder.

The government has increased taxes on imported milk powder, which has led to a shortage of milk powder in the market due to restrictions on imports by milk powder companies.

An official of the Ministry of Finance told ‘LankaTruth’ that there is no other option but to ‘reverse’ the decisions taken by the government from time to time as they are taken without even considering the basic factors such as the daily milk requirement of Sri Lanka, the capacity of local milk production and plans to increase milk production.

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