The Value Added Tax (Amendment) Act, No. 14 of 2026, certified on June 30, 2026, amends the original Value Added Tax Act of 2002. Key changes include the effective date for certain provisions being moved to July 1, 2026, and new deductions related to entertainment tax for film exhibitions. Additionally, it clarifies tax provisions for services provided to overseas buyers by registered garment buying offices.
Sri Lanka Public News