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“Sugar Scam” is not the Whole Iceberg: “Forestalling” needs a Rule-of-Law Solution

This article was compiled by Dr. Nishan de Mel. Dr. Nishan de Mel is the Executive Director of Verité Research and an economist with extensive acade...

Government Revenue Loss due to the Sugar Tax Cut

The Special Commodity Levy (SCL) on imported sugar was reduced from LKR 50/kg to LKR 0.25/kg on the 13th of October 2020. This was intended to reduce the price of sugar in the domestic market. The cumulative loss of government revenue was ov...

Changes in Special Commodity Levy (SCL) on Essential Goods

On 22 May 2020, Sri Lanka made changes to the Special Commodity Levy. Do you know how the levy varied overtime?