Sri Lanka moves VAT registration fully online from September 1
The Inland Revenue Department (IRD) announced that from September 1, 2025, all applications for Temporary and Permanent Value Added TaxContinue Reading
The Inland Revenue Department (IRD) announced that from September 1, 2025, all applications for Temporary and Permanent Value Added TaxContinue Reading
The government has amended the date for the implementation of Value Added Tax (VAT) on services supplied by non-resident personsContinue Reading
President Donald Trump vowed Monday to impose “substantial” new tariffs and restrict U.S. chip exports for all countries that doContinue Reading
The Department of Inland Revenue has filed a case against Arjun Aloysius and Anthony Randev Jinendra John, directors of W.M.Continue Reading
The Inland Revenue Department (IRD) has reopened registration for authorized retailers under the Tourist VAT Refund Scheme (TVRS), enabling eligibleContinue Reading
The Sri Lankan government has enacted the Value Added Tax (Amendment) Act, No. 04 of 2025, introducing significant tax exemptionsContinue Reading
Three Directors of a private company in Kandana that sold and distributed cigarettes have been sentenced to 06 months withContinue Reading
Director of W.M. Mendis Distilleries, Arjun Aloysius, who was sentenced to jail for defaulting on a payment of Rs. 3.5Continue Reading
Cabinet approval has been granted for the amendments to the Value Added Tax and Inland Revenue Acts to be publishedContinue Reading
Deputy Minister of Finance Anil Jayantha Fernando says the government could have removed taxes if not for the agreement withContinue Reading
According to the budget speech presented to Parliament by President Anura Kumara Dissanayake follows are the amendments proposed to VATContinue Reading
The bail request of the Director of W.M. Mendis Company, Arjun Aloysius, imprisoned for VAT evasion, has been rejected byContinue Reading
The Director of W.M. Mendis Distilleries Arjun Aloysius and two others have been sentenced to 6 months in prison forContinue Reading
A couple who had operated a private business in Padukka has been sentenced to six months imprisonment for having failedContinue Reading
The Value Added Tax (VAT) will require to be increased from the current 18% to 20-21% if the striking publicContinue Reading
President Ranil Wickremesinghe has announced plans to provide certain exemptions from Value Added Tax (VAT). The President said he hopesContinue Reading
The Inland Revenue Department (IRD) has urged the public to file complaints on businesses which are charging Value-Added Tax (VAT)Continue Reading
The laws will be strictly enforced to eradicate the trade mafia generating profits without registering with the Inland Revenue Department,Continue Reading
Copyright © 2024. All right reserved.