Sri Lanka will remove a Ports and Airports Levy, a type of backdoor border tax on many of the items coming under 18 percent value added tax, Tax Advisor to the Finance Ministry Thanuja Perera has said.
Sri Lanka President and the finance Minister Ranil Wickeremesinghe said, military personnel will be given the opportunity for retire early after completing 18 years of service.
Dr Roshan Perera & Naqiya Shiraz
Background
The
new bill titled ‘Special Goods and Services Tax’ was published by gazette dated
07 January 2022.[1] The Special Goods and Services Tax (SGST)
was originally proposed in Budget speech 2021 but was not implemented. It has
once again been pres