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Sri Lanka: VAT exemption on fabric imports

Description

On 1 November 2018, Sri Lanka announced through Extraordinary Gazette No. 2095/20 a Value Added Tax exemption on imports of fabric. This VAT was applicable since 16 August 2018 at the rate of 15% and ...

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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

01 Nov 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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Affected Sectors

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Affected Products

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