- The Inland Revenue Department has postponed the implementation of the new standardized VAT tax invoice format to July 1, 2026.
- An amendment to the relevant gazette notification will be issued later.
- The reform was originally set for January 1, 2026, then postponed to April 1, 2026, due to practical issues and business requests.
- The new format aims to address inconsistencies, improve compliance, and support digital taxation efforts.
Source: adaderana.lk
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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