Inland Revenue Department releases list of goods and services exempted from VAT

Date:

Colombo (LNW): The Inland Revenue Department has released a list of goods and services slated for exemption from the Value Added Tax (VAT) starting January 1, 2024.

Notable items on the list encompass Wheat and Wheat Flour, Infant Milk Powder, Pharmaceutical Products, Drugs, and Crude Petroleum Oil.

Share post:

spot_imgspot_img

Popular

More like this
Related

Sri Lanka’s Tea Exports Face Headwinds amid new US Tariff Changes

By: Staff Writer August 07, Colombo (LNW): Sri Lanka’s tea industry —...

Sri Lanka Approves Four Firms for Spice Re-Exports to boost the industry

By: Staff Writer August 07, Colombo (LNW): Sri Lanka is pushing ahead...

Online Gambling Lures Sri Lankan Youth into a Growing Web of Risk

By: Staff Writer August 07, Colombo (LNW): Online gambling is fast becoming...

Sri Lanka’s Fiscal Deficit Contracts by 32% in First Half of 2025

By: Staff Writer August 07, Colombo (LNW): Sri Lanka’s fiscal deficit narrowed...