Sri Lanka: Deferral of proposed VAT amendments
A notice deferring proposed bill that would remove simplified value added tax scheme
A notice deferring proposed bill that would remove simplified value added tax scheme
The government on 11 September 2023 published a notice deferring the proposed bill dated 31 August 2023 that would remove the simplified VAT scheme (SVAT) effective 1 January 2024 (read TaxNewsFlash) to 1 January 2025.
Read a September 2023 report [PDF 420 KB] prepared by the KPMG member firm in Sri Lanka
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