Full lists of VAT liable and exempted items released

Full lists of VAT liable and exempted items released

December 11, 2023   06:59 pm

The list of items removed from Value Added Tax (VAT) exemptions list, with effect from 01 January 2024, was presented to the Parliament today (11 Dec.).

Meanwhile, the amended list of items exempt from the VAT was also tabled in Parliament today.

The aforementioned lists were tabled in the House ahead of the vote on the Third Reading of the VAT (Amendment) Bill this evening.

The Third Reading of the VAT (Amendment) Bill was passed, with amendments, by a majority of 45 votes, with 100 MPs voting for the Bill, and 55 voting against the Bill this evening.

See below for full lists of both, the VAT liable items and exempted items

 

 

Existing Exemptions by Adaderana Online

 

 

Click Link for Video on VAT Exemptions List...

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them(mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Most Viewed Video Stories

Sri Lanka reaches restructuring deal on sovereign debt with international bondholders & local banks

Sri Lanka reaches restructuring deal on sovereign debt with international bondholders & local banks

Sri Lanka says restructuring deal with bondholders reached (English)

EC directs to remove election campaign offices at electorate level (English)

LIVE🔴Ada Derana Prime Time News Bulletin 6.55 pm

LIVE🔴Ada Derana Lunch Time News Bulletin 12.00 pm

Essence of entrepreneurial state concept focuses on empowering women - Dilith Jayaweera (English)

President Ranil says he has completed first phase of bringing Sri Lanka out of bankruptcy (English)

We will eradicate drugs and the underworld within 6 months - Sajith Premadasa (English)