Updated Schedule File Verifier Tool
Department of Inland Revenue has published Updated Schedule File Verifier Tool. Click here to download
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Special Commodity Levy on Rice
Special Commodity Levy has been imposed on rice and shall be valid until March 31, 2018 commencing from January 01, 2018. Download – English Download – Sinhala
Special Commodity Levy on Maize
Special Commodity Levy has been imposed on Maize and shall be valid for a period of 31 days commencing from 01 February 2018. HS code: 1005.90- Rs. 10.00 per kg Download – English Download – Sinhala Download – Tamil
Upload Additional Documents
MOST AWAITED OPTION NOW AVAILABLE IN RAMIS!!! Documents such as: Transfer Pricing Disclosure Form (TPDF) Audited Financial Statements Withholding Credit Schedule Etc. which were not able to submit together with online or manual filing on before November 30, 2019 can be submitted through RAMIS login under “Upload schedule Files / Documents” option.
Application Form for Temporary VAT Registration
Note: This form to be submitted along with supporting documents (If any) to the Help Desk at the nearest IRD branch.
Economic Service Charge (Amendment) Bill
Following changes are going to be incorporated to Economic Service Charge Act, No. 13 of 2006; Amendments to Section 22 – to specify the base for charging the service charge for importation of motor vehicles Amendments to Schedule IV – to specify the service charge on wholesale or retail sales of petrol, diesel, and kerosene
Colombo Port City Economic Commission Act
The Colombo Port City Economic Commission Act was passed in Parliament on the 19th of May 2021 and is pending certification by the Speaker. Download EY Analysis of Colombo Port City Economic Commission Act. Colombo Port City Economic Commission Act – English
Guideline for Deduction of PAYE Tax for the Period from 01.01.2020 to 31.03.2020
A new guideline has been prepared for the period from 01.01.2020 to 31.03.2020 and uploaded in the IRD web portal of the Department (Link) to provide instructions to the employers to deduct Withholding Tax under the PAYE Scheme, as instructed by the Ministry of Finance, (subject to formal amendment to the Inland Revenue Act, No….
22nd Annual Tax Oration conducted by CA Sri Lanka
Eminent lawyer Dr. K. Kanag-Isvaran highlights need for Tax Ombudsman at CA Sri Lanka’s 22nd Annual Tax Oration President’s Counsel Dr. K. Kanag-Isvaran, who is one of the country’s most respected lawyers highlighted the need for a “Tax Ombudsman” in Sri Lanka while delivering the keynote speech at the 22nd Annual Tax Oration of CA…
Updated Schedule File Verifier Tool for VAT / SVAT / PAYE / WHT
Department of Inland Revenue has published Updated Schedule File Verifier Tool to verify your schedules (VAT/SVAT/PAYE/WHT) for E-filing. Download Link (Version – 4.3) Guide for “How to use the schedule verification tool”
New amendments to VAT Law
VAT Bill was passed in Parliament on 23 October 2019 which is yet to be certified by the Hon. Speaker 1.Supply of residential accommodation Effective from April 1, 2019, the supply of condominium housing is liable to VAT unless exempted. Exemptions a)The supply of a condominium housing unit of a condominium housing project and the maximum…
Updated Economic Activity Codes List
Department of Inland Revenue has published the list of Economic Activity Codes proposed for the purpose of Profile Update of Taxpayer’s, Principal Activity of Business. Click here to Download PDF version Click here to Download EXCEL version
PAYE Tax Tables for the period 01 January 2020 to 31 March 2020
The Inland Revenue Department has published the PAYE tables and the guidelines to be followed for the computation of withholding tax under the PAYE scheme for the period 1st January 2020 to 31st March 2020. Guideline: Instructions to Employers on Deducting Withholding Tax (PAYE) from Employment Income of employees Table – A: Rates for the…