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Sugar+import+taxes+stepped+up
Wednesday, 20 June 2012 - 18:32
Sugar import taxes stepped up
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A spokesperson for the Ministry of Finance states that the importation tax placed on a kilogramme of sugar has been increased by 10 rupees.

Accordingly the current tax revision will increase the total importation tax being levied on a kilogramme of sugar to 20 rupees.

Currently the prices of sugar are said to have declined in the world market.

According to the Ministry of Finance this measure has been implemented to control & stabilize the price of sugar.

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