Circular stating instructions to taxpayers for requesting a private ruling
Department of Inland Revenue has published a Circular stating instructions to taxpayers for requesting a private ruling – Circular No. SEC/2018/07.
Read More
Annual Liquor License Fees with effect from 01 January 2018
The Excise Notification No. 994 published in the Gazette Extraordinary No. 1998/7 dated 20 December 2016 is hereby rescinded and amend the Excise Notification No. 992 published in the Gazette Extraordinary, No. 1997/16 dated 15.12.2016 by substitution of Schedule I of the Excise Notification No. 1004 with effect from 01 January 2018. Excise Notification No. 1004 – Annual…
Transfer Pricing Disclosure Form & Guide (Updated)
As an exceptional measure with respect to Year of Assessment 2018/2019, and according to the Public Notice dated 17.12.2019, submission of the Transfer Pricing Disclosure Form (TPDF) has been allowed up to 31st March 2020. Department of Inland Revenue has published specified format and guidelines for the same. Download: Transfer Pricing Disclosure Form Guide to…
Major Tax Overhaul for the Textile Sector: Fabric Imports Now Subject to 18% VAT
On April 8, 2026, the Inland Revenue Department (IRD) issued a critical notice (PN/VAT/2026-04/1) to all VAT-registered persons detailing a major shift in tax policy for the textile and garment industry. The directive outlines a synchronized change to both the Value Added Tax (VAT) and the CESS levy concerning the importation and domestic supply of…
How to search for system generated Paying-in-slip Number/ Payment Voucher Number /DIN number
Department of Inland Revenue has introduced a search facility to obtain system generated Paying-in-slip Number/ Payment Voucher Number /DIN number. Link to Search Paying-in-slip Number/ Payment Voucher Number /DIN number.
Inbound Tour Operators exempt from VAT with effect from 1 April 2020
Department of Inland Revenue has published a notice as per the approval granted by the Cabinet of Ministers and instructed by the Ministry of Finance on April 24, 2020, the supply of services in respect of inbound tours by a travel agent registered with the Sri Lanka Tourism Development Authority is exempt from Value Added…
Tax Payments & Returns due dates in the month of June 2021
Tax payments & Returns due dates and tax types & payment period codes for the month of June 2021 are as follows: JUNE 15TH Advance Personal Income Tax (APIT) for the month of May 2021 is due on June 15, 2021. Individual who has already given the consent to the employer (company) to deduct Advance Personal Income Tax (APIT)…
Extension on VAT Deferment Facility and Temporary VAT registration till 31 December 2020
Department of Inland Revenue has extended VAT Deferment Facility on Imports at the Customs/BOI and Temporary VAT registration till 31 December 2020 based on the prevailing situation of the country. Download IRD Notice No.: PN/VAT/2020-13 | Dated: 06 Oct 2020 Previous Paper Notice No: PN/VAT/2020-11 | Dated: 30 July 2020
6% VAT Rate for Condominium Housing Units
IRD Notice to VAT Registered Persons who supply Condominium Housing Units As per the Bill and subsequent Committee Stage Amendments (CSA) as passed in Parliament on the 23rd October 2019 to amend Value Added Tax Act, No. 14 of 2002 (VAT Act) including section 22 and item (xi) of paragraph (b) of the First Schedule to…
List of VAT Registration Deactivated Persons (w.e.f. 20.01.2021)
Department of Inland Revenue has published a list of VAT Registration deactivated persons (w.e.f. 20.01.2021). Download: List of VAT Registration deactivated persons
IR and VAT Bills approved by the Parliament with amendments
Inland Revenue (Amendment) Bill and VAT (Amendment) Bill were approved by the Parliament today with amendments. Await for more details.
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 of following Tax Returns/statements has been further extended up to December 31, 2020. Annual Declaration…
Form for Notice on filing of Country by Country Report (CbCR) of the MNE Group
Department of Inland Revenue has published Form for Notice on filing of Country by Country Report (CbCR) of the MNE Group. Download Form | Form No: TP/CbCR/01
Income Tax and VAT Bills
The Government has published bills to amend the Income Tax and VAT Act. These bills subject to pass by the parliament and certify by the Hon. Speaker. Income Tax Income Tax (Amendment) Bill – English Income Tax (Amendment) Bill – Sinhala VAT VAT (Amendment) Bill – English VAT (Amendment) Bill – Sinhala