Colombo, April 5 -- One of the three main revenue-generating arms of the country and the competent authority regulating the liquor industry, the Excise Department of Sri Lanka has earned a record revenue of Rs.61 billion during the first quarter of this year.

The department comes third amidst the revenue-generating arms of the Department of Inland Revenue and Sri Lanka Customs functioning under the Ministry of Finance and has been given a revenue target of Rs.242 billion for 2025.

From this target the department has earned Rs.61.3 billion (Rs.61,300,000,000) from the countrywide sales of liquor during the months of January, February and March. The target for the first quarter from the annual target was Rs.42 billion.

The Excise Chief U...