Tax Relief Granted on Magampura Black Stones.!

The proposal to reduce the tax imposed on the export of black stone that arose during the construction of the Magampura Mahinda Rajapaksa Port has been approved by the Committee on Public Finance.

According to the said amendment, the tax levied on one cubic meter when exporting one million metric tons of black stone has been reduced to one thousand rupees.

This decision was taken at the Committee on Public Finance that met recently under the chairmanship of Member of Parliament Dr. Harsha de Silva.

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