The introduction of 15 % VAT on residential apartment sales is going to have a major impact – Mr. Pr

14 February 2019 04:05 pm - 1 - {{hitsCtrl.values.hits}}

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In a recent interview done with one of the key industry opinion leaders, The Director/ Group CEO of Overseas Realty (Ceylon) PLC Mr. Pravir Samarasinghe shared his views regarding the boom in Sri Lanka’s Apartment and Construction Industry and the VAT policy which will be introduced on Apartment Sales from 01st April 2019.

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Comments - 1

Kale Friday, 15 February 2019 11:55 AM

With oversupply looming, addition of another tax may see the boom about to go bust.Have to wonder also if that applies to BOI tax exempt projects?

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The introduction of 15 % VAT on residential apartment sales is going to have a major impact – Mr. Pr

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