VAT rate to remain at 11%: IRD

1 April 2016 08:38 pm - 1 - {{hitsCtrl.values.hits}}

A A A

The Inland Revenue Department (IRD) today said that the VAT rate would remain at 11 per cent until further notice.

Issuing a notice, Commissioner General Kalyani Dahanayake said the VAT rate, scope of the liability and provided exemption should be continued in accordance with the prevailing Act no. 14 of 2002 and amendments hereto until further notice.

“Therefore, the applicable VAT rate is 11%,” the statement said.

Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka

Comments - 1

Arnold Saturday, 02 April 2016 01:14 PM

We the people are almost getting fed up. WE VOTED IN THIS GOVERNMENT TO STOP THE RAMPANT CORRUPTION AND BRING BACK THE STOLEN BILLIONS.

Add comment
Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

VAT rate to remain at 11%: IRD

Comments - 1

Add comment

RECOMMENDED

UDA owned land in Thalawathugoda; UDA Minister Prasanna Ranatunga under the spotlight for forceful occupation of reserved land

Loss-making SMIB faces political pressure in recovering loans

Baltimore Bridge Collapse: MV Dali, SL authorities anchored in mystery?

Has Sri Lanka become a potential hub for the illegal wildlife trade?

Spotlight on Moragahakanda Development Project Moragolla villagers lose livelihoods and down to one meal a day

Ambitious Sri Lankan jobseekers ‘trafficked into Ukraine war zones’

Western purple-faced langurs see blue!

Most Viewed in News

Street food vendor arrested for verbally harassing foreigner

Belgian traveller scammed in Kalutara

SL on alert on possible genocide allegations by Canada

April 15 declared a government holiday

Former MP Palitha Thewarapperuma dies from electrocution

New Visa procedure implemented

MIRROR CRICKET

Chamari Athapaththu sets big goal for T20 World Cup

How does CSK get best out of Pathirana?

Mendis, Mathews move up in ICC Test Rankings

Chamodi, Dewmi spins Sri Lanka U19 Women to big win

TODAY'S HEADLINES

Debt Restructuring Talks: Bondholders Fear Regime Change Impact

Don’t be deceived by NPP and Cardinal Ranjith: UNP

Emirates halts check-in for connections, UL cancels flights to Dubai

Plans afoot to obtain “Blue Flag Beaches” certification for SL beaches

Hardik fined Rs 12 lakh for violating IPL code of conduct after win over Punjab Kings

Chamari Athapaththu sets big goal for T20 World Cup

How does CSK get best out of Pathirana?

Mendis, Mathews move up in ICC Test Rankings