While commenting on the proposal made to paste security stickers on liquor bottles, the Excise Department had gained a 20 per cent income when compared with the sales done in the past 10 years, State Finance Minister Ranjith Siyambalapitiya said.
He sais the alcohol tax revenue has increased in a background where the consumption of alcohol has decreased by 30%.
The reason for this growth is that the money spent on illegal or fake alcohol is received as tax revenue, the Minister pointed out.
He said the use of counterfeit alcohol has been strictly avoided by this safety sticker which was introduced in 2016 by a budget proposal.
He said many secret signs had been printed on the relevant sticker. The Excise department has the equipments to identify weather the stickers were fake or not.
Moreover, the consumers also had the capability to check if the product in question was fake via scanning the QR code printed on the label.
Therefore, the alcohol smugglers had suffered a severe setback and they are questioning the quality of this sticker, the State Minister added. (Chaturanga Pradeep Samarawickrama)
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