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Sri Lanka Equity Forum » Stock Market & Forum Help » Stock Market News » Minister for legalising kasippu

Minister for legalising kasippu

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1Minister for legalising kasippu Empty Minister for legalising kasippu on Fri Oct 04, 2013 8:00 pm

wiki


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Good move in many aspects..cant we export?

Senior Minister for International Monetary Co-operation and Deputy Minister of Finance and Planning Dr. Sarath Amunugama says legalizing moonshine (kasippu) production should be considered in order to raise taxes.

Speaking at an event in Colombo today the Minister said that legalizing moonshine production and imposing a tax on it will help meet the government’s financial income targets.

He recalled that late Minister Jeyaraj Fernandopulle had also proposed that moonshine production be legalized.

The Minister noted that the issue is a sensitive subject as the government discourages alcohol consumption under the ‘Mathata Thitha’ program.

The authorities conduct raids on moonshine production locations often found to be operating deep inside a jungle.

Amunugama said that alcohol consumption has increased in Sri Lanka and with no way to control it the government should look at using it to raise more funds
http://colombogazette.com/2013/10/03/minister-for-legalising-kasippu/

2Minister for legalising kasippu Empty Re: Minister for legalising kasippu on Sat Oct 05, 2013 11:09 am

rainmaker


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
How to tax?

3Minister for legalising kasippu Empty Re: Minister for legalising kasippu on Tue Oct 08, 2013 10:48 am

Sidath

Sidath
Manager - Equity Analytics
Manager - Equity Analytics
@rainmaker wrote:How to tax?
issue a license. I don't brew kasspiu,(if u r wondering Very Happy ) but don't mind have a permit for a micro brewery. there is always a market for small quantity, high quality product.

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