Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Latest News

Sri Lanka loses Rs 6,000m due to import of foreign liquor

byCT Report
02/08/2016
in Latest News
Share on FacebookShare on Twitter

COLOMBO: Sri Lanka loses a whopping Rs. 6,000 million to its government coffers due to the importation of foreign liquor through illegal means, sources said.

The government is denied a considerable slice of funds which it could use for development. The Special Narcotic Raids Unit established under the purview of the Finance Ministry has been able to round up several racketeers in the business, they said. A Special Narcotic Raids Unit was set up following a proposal by Finance Minister Ravi Karunanayake to totally control smuggling of narcotics and foreign liquor. It was also revealed that the law had not been implemented against such racketeers during the past regime.

You might also like

Tahir Ayub demands investment-friendly environment

11/07/2026

Identity theft victim wins tax relief from FTO

11/07/2026

A raid on Sunday to apprehend a large stock of illegal foreign liquor from Dematagoda was also made possible following investigations carried out for a long period. The Special Task Force on a tip-off received by the Finance Ministry Special Narcotic Raids Unit, conducted the raid where 950 bottles of smuggled foreign liquor were discovered.

One suspect was arrested in this connection. Excise Department officials are conducting further investigations. Finance Ministry Special Narcotic Raids Unit Head Wing Commander Ravi Jayasinghe said he suspects the racket of importing foreign liquor through illegal means might have been carried out for a long period. He said this contraband is the largest stock of foreign liquor local authorities have ever seized in the recent past.

The Special Narcotic Raids Unit, since it was established recently, has been receiving a number of tip-offs with regard to similar rackets.

Related Stories

Tahir Ayub demands investment-friendly environment

byCT Report
11/07/2026

ISLAMABAD: Acting President of the Islamabad Chamber of Commerce and Industry (ICCI), Tahir Ayub, has urged the government to launch...

Identity theft victim wins tax relief from FTO

byCT Report
11/07/2026

LAHORE: The Federal Tax Ombudsman has directed the Federal Board of Revenue (FBR) to finalise lawful tax registration for a...

LTO Karachi targets 174 taxpayers in foreign assets scrutiny campaign

byCT Report
11/07/2026

KARACHI: The Large Taxpayers Office (LTO) Karachi has launched a major scrutiny exercise targeting 174 high-profile taxpayers over their foreign...

Govt raises jet fuel price by Rs13.23 per litre

byCT Report
11/07/2026

ISLAMABAD: The government has increased the price of jet fuel by Rs13.23 per litre, according to official sources, marking another...

Next Post

Sri Lankan economy faces debt problems

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.