Further extension on VAT Deferment Facility & Temporary Registration

Department of Inland Revenue has published a public notice by amending the public notice number PN/VAT/2020-09 issued on 29.06.2020 as follows. VAT Deferment Facility on Imports at the Customs/BOI Validity of the last issued extension letters with regard to Credit Vouchers (CV)

Tax Payments & Returns – July 2020

Tax payments & Returns due dates and payment period codes for the month of July 2020 are as follows: Advance Personal Income Tax (APIT) for the month of June 2020 is due on July 15, 2020. Tax Type: 03 Period

Statement of Estimated Income Tax Payable – Year of Assessment 2020/2021

Department of Inland Revenue has published followings on Estimated Income Tax Payable – Year of Assessment 2020/2021 which is due on August 15, 2020. Statement of Estimated Income Tax Payable [Set_E] Instructions for Completing the Statement of Estimated Tax

WHT Return Format and Updated WHT Schedules

Department of Inland Revenue has published updated WHT Schedules which are applicable form the Y/A 2019/20 onwards. WHT Return Format for the Y/A 2019/2020 Statement of Withholding Tax – Y/A 2019/2020 Guidelines to Fill the Statement of Withholding Tax Schedules

SVAT: Issuance of Credit Voucher Books for Registered Identified Purchasers (RIPs)

Department of Inland Revenue has published a paper notice No. PN/VAT/2020-10 on 13.07.2020: Registered Identified Purchasers (RIPs) under Simplified Value Added Tax Scheme (SVAT) are hereby informed that the arrangements have been made to issue Credit Voucher Books at the Head

Updated Schedule Verification Tool – As at 15 July 2020

Download and run the Schedule File Verifier Tool to verify your schedules (VAT/SVAT/PAYE/WHT/CIT/IIT/PIT) before submitting to IRD via E-filing. Download Link (Version – 5.4) – 11 February 2020 Guide for “How to use the schedule verification tool”

Suspension of the Notices of Recovery of Tax out of Debts

Department of Inland Revenue has published a paper notice (PN/DTR/2020-02) by in lining with the approval for “Tax Relief Measures to Facilitate Post COVID-19 Economic Recovery” granted by the Cabinet of Ministers on June 24, 2020, all the Banks are

Further Extension of Tax Return Submission Dates – up to 31 December 2020

Department of Inland Revenue has published a paper notice (PN/Tax Returns/2020-03) by in lining with the approval for “Tax Relief Measures to Facilitate Post COVID-19 Economic Recovery” granted by the Cabinet of Ministers on June 24, 2020, date of submission

Further Extension of VAT Deferment Facility & Temporary Registration

Department of Inland Revenue has published a public notice by amending the public notice number PN/VAT/2020-05 issued on 28.04.2020 as follows. VAT Deferment Facility on Imports at the Customs/BOI Validity of the last issued extension letters with regard to Credit

Tax concessionary actions for the post COVID – 19 economic uplifting programme

The government has taken tax concessionary actions for the post COVID – 19 economic uplifting programme. Download Cabinet Decisions – 2020.06.24    

Suspension of the Notice of Recovery of Tax out of Debts

Department of Inland Revenue has published notice by informing to all Commercial Banks under Section 180 of the Inland Revenue Act No.10 of 2006 and Section 44 of the Value Added Tax Act No.14 of 2002 to recover the taxes in

New Application Forms

Application Form - Tax

Department of Inland Revenue has published following application forms. Application Form for Confirmation of VAT Liability Application Form for Tax Clearance on Other Purpose