Friday May 15, 2026
Friday May 15, 2026
Wednesday, 13 May 2026 10:55 - - {{hitsCtrl.values.hits}}
The Cabinet of Ministers has approved a fresh international tender to select a service provider for Sri Lanka’s liquor security stamp system for the next five years, as the current contract nears expiry in early 2027.
The move comes under the provisions of the Excise (Amendment) Act No. 26 of 2018, which introduced mandatory security markings for alcoholic products as part of efforts to strengthen tax administration, improve traceability and curb illicit trade.
Under Excise Notification No. 10/2021, published through Extraordinary Gazette No. 2249/50, security stamps were made compulsory for imported foreign liquor, locally manufactured foreign liquor and locally produced liquor.
With the contract of the current service provider due to expire on 1 January 2027, the Government has now initiated the procurement process to appoint a new operator.
Cabinet approved the proposal submitted by President Anura Kumara Dissanayake in his capacity as Finance Minister to call for bids under the International Competitive Bidding process using the single-stage, double-cover procurement method.
The selected provider will be responsible for both security stamp printing and system management services for a period of five years.
The excise security marking system is aimed at strengthening revenue collection, ensuring product authenticity and improving monitoring across the country’s regulated alcohol market.
