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April 21, 2026
  • Major Tax Overhaul for the Textile Sector: Fabric Imports Now Subject to 18% VAT
  • Navigating the 2026 Tax Landscape: Quick-Reference Guide to the Inland Revenue Amendment Bill
  • New SSCL Amendments: Key Changes from Act No. 24 of 2025
  • New Year, New Levies: Casino Entrance Fee Doubled and Betting Taxes Hiked for 2026

Lanka Tax Club

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Headlines
  • Major Tax Overhaul for the Textile Sector: Fabric Imports Now Subject to 18% VAT

    1 week ago1 week ago
  • Navigating the 2026 Tax Landscape: Quick-Reference Guide to the Inland Revenue Amendment Bill

    1 month ago1 month ago
  • New SSCL Amendments: Key Changes from Act No. 24 of 2025

    3 months ago3 months ago
  • New Year, New Levies: Casino Entrance Fee Doubled and Betting Taxes Hiked for 2026

    4 months ago4 months ago
  • UPDATE: Implementation of New Standardized Tax Invoice Format Postponed to April 2026

    5 months ago4 months ago
  • Sutherland v Commissioner of Income Tax (CTC Volume I)

    5 months ago5 months ago
  • TIN

    Bank & Finance Company TIN List for Interest Income & AIT/WHT Schedules

    5 months ago3 months ago
  • Budget 2026

    Budget 2026 – Key Revenue Proposals and What They Mean for You

    5 months ago5 months ago
  • Capital Gain Tax (CGT)

    Capital Gains Tax (CGT)

    7 months ago2 months ago
  • New VAT Rules for Digital Services Supplied by Non-Residents in Sri Lanka – Effective from 1 October 2025

    10 months ago10 months ago
  • Understanding Employment Income and APIT for Resident Individuals in Sri Lanka – Year of Assessment 2024/2025

    10 months ago10 months ago
  • Simplified Value Added Tax (SVAT) Scheme in Sri Lanka

    2 years ago2 years ago
  • Tax Invoice in Sri Lanka: A Comprehensive Guide

    2 years ago10 months ago
  • Certificate of Income Tax Deductions (T-10): An Overview

    2 years ago2 years ago
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SVAT

  • SVAT

Simplified Value Added Tax (SVAT) Scheme in Sri Lanka

Lanka Tax Club2 years ago2 years ago05 mins

Simplified Value Added Tax (SVAT) Scheme in Sri Lanka By Kokila Mudugamuwa The Simplified Value Added Tax (SVAT) scheme was introduced by the Department of Inland Revenue in Sri Lanka on April 1, 2011, under the Value Added Tax Act. The primary objective of SVAT is to eliminate the need for VAT refunds for eligible…

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  • Tax Related News

Issuance of SVAT Credit Vouchers

Lanka Tax Club6 years ago01 mins

Department of Inland Revenue has taken administrative arrangement to issue SVAT Credit Vouchers today (14th Wednesday) at ground floor of IRD Head Office and the same practice will continue for next Wednesday (21st) as well.

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Archives

Recent Posts

  • Major Tax Overhaul for the Textile Sector: Fabric Imports Now Subject to 18% VAT
  • Navigating the 2026 Tax Landscape: Quick-Reference Guide to the Inland Revenue Amendment Bill
  • New SSCL Amendments: Key Changes from Act No. 24 of 2025
  • New Year, New Levies: Casino Entrance Fee Doubled and Betting Taxes Hiked for 2026
  • UPDATE: Implementation of New Standardized Tax Invoice Format Postponed to April 2026