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Speaker endorses Value Added Tax (Amendment) Bill

Tamara Rebeira by Tamara Rebeira
2 months ago
in LOCAL, TOP
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Gazette on the VAT revision to 12 percent, issued
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Speaker of Parliament Mahinda Yapa Abeywardana has endorsed the certificate on the Value Added Tax (Amendment) Bill.

The Value Added Tax (Amendment) Bill was passed in Parliament by a majority, with amendments recently (9).

The Second Reading for the Bill was thus passed in Parliament with a majority of 82 votes cast in favor of the Bill and 41 cast against.

Accordingly, the Value Added Tax (Amendment) Bill is in effect as the Value Added Tax (Amendment) Act No. 44 of 2022 as of the 14th of December.

Tamara Rebeira
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