Sri Lanka’s Inland Revenue Department officials said they have found businesses which have been charging Value Added Tax (VAT) above the reduced rate of 8 percent, and legal action will be taken against them.
Source: economynext.com
Latest Posts in "Sri Lanka"
- Inland Revenue Promises 45-Day VAT Refunds Through New SVAT System
- Melco Fulfills $100M Sri Lanka Casino Investment, Revenues Gain VAT Exemption
- Sri Lanka Postpones VAT on Non-Resident Digital Services Until April 2026
- Sri Lanka Postpones VAT on Electronic Platform Services Until April 2026
- Sri Lanka Postpones VAT on Digital Services by Non-Resident Providers Until April 2026
