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Global Trade Alert

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Sri Lanka: Amendments to Value Added Tax Act affecting international trade

Description

On 16 August 2018, Sri Lanka through Value Added Tax (Amendment) Act No. 25 of 2018 notified that the VAT exemption has been withdrawn on the imports of the following goods. The VAT rate applicable he...

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Intervention Details

Intervention Type

Internal taxation of imports

MAST Chapter

F: Price-control measures, including additional taxes and charges

Implementation date

16 Aug 2018

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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