New system sought to safeguard liquor tax revenue; MSP accused of having advantage in new tender
Source: Sri Lanka Mirror
Category: Business
Region: General
Published: August 02, 2026 at 04:11
📝 Summary
The Excise Department has called for international competitive bids to establish a new Security Features and Security Features Management System (SFSMS) for liquor products. The move is aimed at safeguarding domestic excise revenue and curbing the trade in counterfeit liquor. The new system is expected to replace the security sticker and digital marking system operated […]