SLCC welcomes the reduction of excise duty

The Sri Lanka Ceramics Council (SLCC) is pleased that the Government, having considered the implications of the recently introduced excise duty on LPG has removed this excise duty with effect from 26 March 2009.

The Council also notes with great appreciation the speed with which the decision has been implemented by officials of the Ministry of Finance.

Investors too have commented that this clearly indicates the Government's responsiveness to factors affecting the competitiveness of particularly export industries.

This move will also help the endeavors of our member companies to focus on one of their main objectives during this period of crisis; that of making efforts wherever possible to retain its current labour force.