The Inland Revenue says it is gunning for GST dues again this year since the current amnesty is not valid for indirect taxes. The Inland Revenue says it is gunning for GST dues again this year since the current amnesty is not valid for indirect taxes. “We are going to collect all GST dues. Even if anyone got an amnesty it is no longer valid,” said Commissioner General of Inland Revenue, R P L Weerasinghe.
The GST collection is back on the Inland Revenue’s to-do-items list after the UPFA government amended the amnesty law, removing indirect taxes from amnesty cover.
With the repeal of the UNF amnesty, the government wanted the Inland Revenue to collects Rs 2,5 bn – half of the Rs 5 bn GST that was due – by end of last year.
“We collected around Rs 870 mn in GST dues last year, ” said Weerasinghe.
That leaves over Rs 4 bn still to be collected.
The GST dues are the ‘return GST’ payments for the two years from 1998 to end July 2002.
The Rs 4 bn in GST returns is what local service providers, manufacturers and importers charged from consumers but did not hand over to the State.
When the previo