Monthly Archives: June 2019

Guideline for Debt Repayment Levy (DRL) on Financial Services – Circular No. SEC/2019/03

Department of Inland Revenue has published circular to all Financial Institutions – Imposition of Debt Repayment Levy under the Finance Act No. 35 of 2018 [24 June 2019]. Download DRL Circular No. SEC/2019/03

7% VAT Rate for Tourism industry – Gazette No. 2125/69

As per the Extraordinary Gazette Notification No. 2125/69 dated June 01, 2019, published under section 2A of the Value Added Tax Act, No. 14 of 2002 (VAT Act), VAT rate on the supply of services listed below is changed to

International Telecommunications Operators Levy – Gazette No. 2123/19

New Gazette on International Telecommunications Operators Levy (Imposition) Regulations No. 01 of 2010. Gazette Notification No. 2123/19 – English | Sinhala

New Gazette on Ports and Airports Development Levy – 2125/64

New Gazette has been signed by Finance Minister on Ports and Airports Development Levy Act No.18 of 2011 – 2125/64 Gazette Notification No. 2125/64