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Global Trade Alert

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Sri Lanka: Value Added Tax exemption for hospitality services that meet domestic value addition requirements

Description

On 29 November 2019, the Sri Lankan Ministry of Finance, Economy and Policy Development through Extraordinary Gazette No. 2151/52 announced that hotels, guest house, restaurant or other similar busine...

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Intervention Details

Intervention Type

Local content incentive

MAST Chapter

I: Trade-related investment measures

Implementation date

01 Dec 2019

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

sector-specific

Affected Trading Partners

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Affected Products

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