Sri Lanka’s Inland Revenue Department (IRD) has issued a notice to taxpayers confirming certain 2022 Budget VAT changes formally approved through the Value Added Tax (Amendment) Act No. 13 of 2022, which was certified on 31 March 2022. Including ….
- 1. VAT rate on supply of Financial Services
- 2. Restructure of exemption granted to address COVID 19 pandemic
- 3. Removal of changes proposed in the Bill
Source Orbitax
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