Global Trade Alert
Global Trade Alert

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

Announcement

29 Nov 2019

Sri Lankan hospitality services can avail a Value Added Tax exemption if they add value locally.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Dec 2019

Revocation date:

No revocation date

Updated: 29 Nov 2019
Tax or social insurance relief In force

On 29 November 2019, the Sri Lankan Ministry of Finance, Economy and Policy Development through Extraordinary Gazette No. 2151/52 notified that hotels, guest houses, restaurants or other similar bu...

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Updated: 29 Nov 2019
Local content incentive In force

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 s...

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