Sri Lanka Publishes Schedule of VAT Exempt Goods and Services
On 16 November 2016, Sri Lanka's Inland Revenue Department published an updated schedule of goods and services that are exempt from value added tax (VAT). The schedule is broken down into three sections, including goods and services that are exempt on import or supply, only on supply, and only on import.
Click the following link for the VAT exemption schedule, which is effective from 1 Novem…
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