Inland Revenue Dept. issues list of VAT registration deactivated persons

Inland Revenue Dept. issues the list of VAT registration deactivated persons

Jan 01, 2020 (LBO) – Sri Lanka’s Inland Revenue Department has published the complete list of persons & businesses whose taxable supply has never exceeded 75 million rupees for any taxable period ended prior to 31 December 2019. Such inactivated persons are not permitted to collect VAT on the supplies made on or after today […]