Treasury grants alcohol industry request for excise tax suspension

  • 📰 TimesLIVE
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 59%

इंडिया समाचार समाचार

The National Treasury has granted a request by the alcohol industry for a deferment of excise tax on liquor.

Alcohol industry spokesperson Sibani Mngadi said in a statement on Tuesday that the Treasury had proposed a 90-day suspension for the payment of excise tax on alcohol.Mngadi said the sector had last month applied for the deferment of R5.1bn in excise tax due to the SA Revenue Service until the ban on sales is lifted.

In response to the industry request, the Treasury proposed introducing a 90-day deferral on excise taxes to be made in August and September of 2020.Mngadi said the focus was now on reviving the sector as quickly as possible.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 28. in İN

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Liquor industry says govt should prepare to lift ban on sale of alcohol
स्रोत: ewnupdates - 🏆 30. / 53 और पढो »

Alcohol industry calls for lifting of 'devastating' booze ban | News24The prohibition of alcohol sales is having a devastating effect, with more than 100 000 of the almost one million jobs supported by the alcohol industry having been lost in the first phase of the ban at lockdown level 5 and 4.
स्रोत: News24 - 🏆 4. / 80 और पढो »