The Minister of Finance has issued a Gazette Extraordinary, imposing a special levy on several commodities. According to the communiqué, the tax order will be in effect for a period of one year commencing from August 12, 2021, subject to provisions of Sub Section (3) of Section 2 of the Special Commodity Levy Act, No. Thereby, a special commodity levy is exacted on the following items:• Sprats – Rs. 880.00 per kilogram• Mathe seeds – Rs. 10.00 per kilogram from the applicable Special Commodity Levy of Rs.

Source: The Nation August 14, 2021 03:45 UTC