Sri Lanka Inland Revenue has published the Value Added Tax (Amendment) Act, No. 9 of 2021, which was originally published in the Official Gazette on 13 May 2021. Most of the measures are effective retroactively and are already applied in practice, subject to the formal amendments made by the (Amendment) Act.
Source Orbitax
Latest Posts in "Sri Lanka"
- New Exemption for VAT-Liable Financial Services in 2025 Social Security Contribution Levy Amendment
- Sri Lanka Unveils Three-Phase Electronic Invoicing Reform to Modernise VAT and Boost Digital Economy
- Sri Lanka Sets Dec. 31 Deadline for November 2025 VAT Returns, Announces Penalties and Credit Rules
- Sri Lanka Introduces Risk-Based VAT Refund Scheme for Exporters and Strategic Suppliers Effective October 2024
- Sri Lanka Delays New VAT Invoice Format Implementation to April 2026
