Sri Lankaβs decision to gradually eliminate the Commodity Export Subsidy Scheme (CESS) tax marks a significant shift in trade and industrial policy, promising immediate cost relief for businesses while raising deeper questions about long-term economic balance. The reform, approved by the Cabinet under President Anura Kumara Dissanayake, will phase out CESS taxes across 2,634 import [β¦] The post Phasing Out CESS Taxes: Relief Today, Risks Tomorrow appeared first on Lankanews.lk .