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» ලංකාවේ සංචාරය නිසා බ්‍රිතාන්‍ය මන්ත්‍රීට පාර්ලිමේන්තු තහනමක්
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» කොටස් වෙළෙඳපොළේ ආයෝජනයේ දී දේශපාලන සබඳතා අනාවරණය අනිවාර්යයි
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» ගුහාවේ සිරවී සිටින දරුවන් පිටතට ගෙන්න මාස 04 ක් ගතවෙන ලකුණු
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» 2018 ජූනි මාසයේ ඩොලර් මිලියන 434.53 කින් දී සංචිත වැඩි වුණේ මෙහෙමයි
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» Cartoon of the day...
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» HUNA.N0000
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»  මෙරට විශාලම ආයෝජනය වන හම්බන්තොට වරායේ අවසන් ආයෝජන මුදල වරාය අතට බාර දෙයි
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» CCS.N0000 ( Ceylon Cold Stores)
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» රුපියල තවදුරටත් පාවීමට ඉඩහැරිය යුතුයි - ජාත්‍යන්තර මූල්‍ය අරමුදල
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» රජයේ සුරැකුම්වලින් රුපියල් බිලියන 2.7 ක විදෙස් ආයෝජන සතියක් තුළ දී ඉවතට
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Vat exempted products and services

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Vat exempted products and services

Post by sashimaal on Thu Oct 27, 2016 12:13 pm

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Re: Vat exempted products and services

Post by spw19721 on Fri Oct 28, 2016 7:17 am

Thanks shashi
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Re: Vat exempted products and services

Post by spw19721 on Fri Oct 28, 2016 7:22 am

No tax for " පරිගණක මදුකාංග ".... Very Happy Very Happy which is absolutely free ( for us )
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Re: Vat exempted products and services

Post by කිත්සිරි ද සිල්වා on Fri Oct 28, 2016 9:29 am

Someone thought "Software" is a kind of ladies lingerie. Very Happy
spw19721 wrote:No tax for " පරිගණක මදුකාංග ".... Very Happy Very Happy  which is absolutely free ( for us )
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VAT simplified

Post by yaka on Fri Oct 28, 2016 11:29 am


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Re: Vat exempted products and services

Post by Future123 on Fri Oct 28, 2016 2:30 pm

The new VAT act is implemented from 01 November 2016 which I think is a very short notice for businesses.

Eg: As per the new VAT act, chicken is also taxable. Now 1Kg of chicken is Rs. 420. Who will bear this tax? Supplier, trader or consumer?
I think there was no VAT and NBT on chicken meat before. There is a control price of 420/=.
In this case BFL or GRAN will have to bear nearly 60/= tax.
We can possibly see the affect in quarterly reports of GRAN and BFL financials ending 31 March 2017 as they will have to bear 17% of the selling price as VAT and NBT.

Please correct me if I'm wrong.

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