Speaker endorses VAT (Amendment) Bill

Sri Lanka’s Parliament Speaker Mahinda Yapa Abeywardana endorsed the certificate on the Value Added Tax (Amendment) Bill on Wednesday (14).

The Value Added Tax (Amendment) Bill was passed in Parliament with a majority of votes, with amendments recently (09).

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 from the 14th of December onwards. 

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