Denying recent reports, the Inland Revenue Department (IRD) has clarified that there has been no widespread abuse of temporary Value-Added Tax (VAT) certificates and that only a few isolated incidents have been identified
Source: themorning.lk
Latest Posts in "Sri Lanka"
- Sri Lanka Delays New Standardised VAT Invoice Format to April 2026 for All Businesses
- New VAT Invoice Format Implementation Delayed to July 1, Says Inland Revenue Department
- Inland Revenue Delays New VAT Invoice Format Implementation to July 2026
- Sri Lanka Delays 18% VAT on Foreign Digital Services to April 2026
- Sri Lanka Mandates New Standardized VAT Tax Invoice Format Effective April 1, 2026
