Tag: Electricity and phone Bills due to VAT revision: Finance Ministry

tax

No tariff increase on utility bills due to VAT revision: Finance Ministry  

Nov 26, 2015 (LBO) – Sri Lanka’s water, power, telecom will be exempted from value added tax and the prices of most essential goods will also be reduce according to budget 2016, finance ministry said in a statement.The wholesale and retail trade which was previously taxed at 11 percent has been exempt from VAT in […]