The Inland Revenue Department (IRD) has reopened registration for authorized retailers under the Tourist VAT Refund Scheme (TVRS), enabling eligible businesses to offer VAT refunds to foreign tourists.
Under Section 58A of the Value Added Tax Act, retailers registered for VAT and displaying eligible goods at their business premises can now apply for TVRS authorization.
Application forms are available on the IRD web portal. Submissions must be made to the Large Taxpayer Refund Unit in Colombo.
For further assistance, the IRD Call Centre can be contacted via 011 213 4192 or 011 213 5435. (Newswire)
