Taking in to account the prevailing situation in the country, the services of the Customer Information Update Unit can be availed via IRD e-Services. Download IRD Notice No. PN/TPS/2020-3 (Amended) | Dated: 17 November 2020 for the steps to be followed.
The Agreement between Sri Lanka and the Government of Ukraine in respect of Taxation The proposal made by Hon. Mangala Samaraweera, the Minister of Finance & Mass Media to enter into the Agreement at the Government level which is initialed by now at official level, between Sri Lanka and Ukraine for the avoidance of double…
Further Instructions to Alternative Tax Payment System (ATPS) through Online Fund Transfer Facility Further to the notices published on the above subject on 8th April 2020 PN/PMT/2020-1 and on 14th May 2020 PN/PMT/2020-3 the below instructions should be adhered when doing payments using online facilities provided by commercial banks. Only use the online payment facility to…
Notice to ETF Board, Provident Funds and Employers who have retained the Tax on Terminal Benefits to Retiring Employees. Any amount retained by the Employees’ Trust Fund (ETF) Board, any Provident Fund or Employer (hereinafter referred to as the “Retainers”) as per the Guideline published by Circular No. SEC/2020/02 of the Commissioner General of Inland…
Section 2 of the Special Commodity Levy Act, No. 48 of 2007, impose, in respect of the list of commodity specified in Column I of the Schedule hereto a Special Commodity Levy, at the rate specified in the corresponding entry in Column II of Schedule in the gazette attached above. This Order shall be valid for a…
The Bill to amend the VAT Act was published on August 11, 2023, and the EY Tax Alert dated September 11, 2023, highlighted the proposed changes based on this Bill. Subsequently, during its passage through Parliament, a few significant changes were made, and the Bill was finally passed in Parliament on December 11, 2023, with…
National Insurance Trust Fund (NITF) has published a notice on Crop Insurance levy for the Quarter ended 31 March 2020. Due to the current situation of the Country (COVID-19), NITF has requested to make payment online (fund transfer) and send the duly filled Return via email (Refer the attached notice for more details). Download the Notice…
Department of Inland Revenue has uploaded updated Schedules 6 & 7 for Exports. Download Schedule 06 – Goods Export Schedule Download Schedule 07 – Service Export Schedule
Department of Inland Revenue has published the WHT Credit Schedule which is needed to submit for the year of assessment 2018/2019 after verification through RAMIS under the “Upload schedule Files / Documents” option. WHT Credit Schedule for Individuals WHT Credit Schedule for Partnership WHT Credit Schedule for Company
With effect from January 01, 2024, any individual who is at the age 18 years or more, or who attains the age of 18 years on or after January 01, 2024, it is mandatory to register with the Inland Revenue Department and obtain a TIN (Taxpayer Identification Number). Furthermore, any person who receives an income…
Temporary VAT Registration issued for import or export, which gets expired prior to February 28, 2021 as per the certificate, has been extended till February 28, 2021. Download IRD Notice: PN/VAT/2020-15 | Dated: 31.12.2020
Department of Inland Revenue has published the updated list of SVAT Registered Identified Suppliers (RISs) and Registered Identified Purchasers (RISs) as at 08th July 2019. List of Registered Identified Suppliers (RISs) [08-07-2019] List of Registered Identified Purchasers (RIPs) [08-07-2019]
Department of Inland Revenue has published a List of VAT Registration Deactivated Persons (w.e.f. 14.01.2020). Download List: PDF | Excel
Download – English Download – Sinhala The Government of Sri Lanka is permitted to issue International Sovereign Bonds in 2018 and to make any payments in relation to such issuance, for non-resident investors.