Sri Lanka Inland Revenue has issued a notice to taxpayers on the implementation of changes to the Value Added Tax (VAT) Act as amended by the Value Added Tax (Amendment) Act, No. 9 of 2021. As previously reported, the amendment Act was published in the Official Gazette on 13 May 2021 and includes formal amendments for the implementation of measures that were already generally applied in practice.
Source Orbitax
Latest Posts in "Sri Lanka"
- President Says VAT Reduction Planned Within Two to Three Years
- Government to Remove VAT on School Books, President Says
- Sri Lanka Defers Its Revised VAT Invoice Format to October 1, 2026
- Sri Lanka Drops Controversial VAT Threshold Cut Amid Business Backlash
- Sri Lanka IRD Launches Risk-Based VAT Refund System Amid SVAT Abolition
