Sri Lanka cut VAT on imported fabric by 5-pct

Sri Lanka Govt. cuts VAT on imported fabric by 5-pct

Sept 18, 2018 (LBO) – Sri Lanka’s Finance Ministry issuing a gazette amended the Value Added Tax (VAT) act further to reduce the VAT on imported fabric to 5 percent in a bid to help small scale industrialists under the enterprise Sri Lanka scheme.“The Minister of Finance and Mass Media MangalaSamaraweera considering the requests made […]