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IRD delays mandatory VAT invoice format to October 1, 2026

  • The IRD has delayed the mandatory revised VAT invoice format from July 1, 2026, to October 1, 2026.
  • The postponement was formalized through an Extraordinary Gazette issued by Commissioner General Rukdevi Perpetua Himali Fernando.
  • Businesses now have more time to update accounting and billing software to meet the new requirements.
  • The revised format, introduced on March 27, is intended to prevent fake invoices, improve transaction monitoring, and reduce tax leakage.
  • All other rules from the original March notice remain unchanged.

Source: themorning.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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