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No tax increase on essential food items – Finance Ministry

(UTV|COLOMBO) – The Ministry of Finance stated that the reports that claim the Government has raised the taxes on essential food items are false.

Issuing a statement, the Finance Ministry stressed that there is no truth in the news item published in certain media that the Gazette Notification issued by the Minister of Finance and Mass Media Mangala Samaraweera on 18 January, 2018 increased the taxes on essential goods.

The Ministry claimed the Gazette was issued only to extend the time period of implementation of the Special Commodity Levy imposed on certain types of spices including Maldives Fish, Dried Chilies, and several spices.

Accordingly, the Ministry emphasised that the prices of Maldive Fish and other essential goods will not increase and an increase in price cannot be expected during the next six-months.

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