• The Excise Department has collected Rs. 105 billion in revenue by 30 June this year, marking a Rs. 17 billion increase compared to the same period last year, despite setbacks from natural disasters and issues at a major production plant.

The Excise Department has successfully collected Rs. 105 billion in revenue so far this year, marking a significant increase of Rs. 17 billion compared to the same period last year. Excise Commissioner M. J. Gunasiri stated that by 30 June, the department had reached its revenue target, highlighting that, "We have collected Rs. 105 billion as planned by the Excise Department by 30 June. By this time last year, we had collected Rs. 88 billion." He emphasized the department's notable increase of Rs. 17 billion in revenue collection. Although the department had initially anticipated a revenue growth of Rs. 20 billion within the first half of the year, natural disasters and issues at a major production plant caused a shortfall of approximately Rs. 3 billion. Gunasiri remarked that without these setbacks, they could have reached their target of Rs. 107 billion. Despite these challenges, the Department still managed to achieve almost a 20% growth compared to last year, which he deemed a remarkable achievement for the Excise Department.

Excise revenue reaches Rs. 105 b | The Morning