Excise revenue halved due to failure to paste stickers

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Convener of the Voice against Corruption, Wasantha Samarasinghe charged that the country’s Excise revenue had reduced by 50 per cent, over the past three-weeks, due to failure to paste the security sticker on liquor bottles.

He stated that due to this, the State has lost billions of rupees in Excise revenue.

Samarasinghe alleged that a certain group has turned this exercise into a veritable racket and he opined that it was being done intentionally with the aim of receiving underhand kickbacks.

He added that due to the failure to paste the security label, the exact quantity of liquor cannot be determined.

By Anurada Herath