The Finance Ministry has suspended implementing the proposed increase in the Value Added Tax (VAT) and Nation Building Tax (NBT) in the 2016 budget until the necessary legislation is gazetted and passed in parliament
Here is the notice
Here are the instructions on the treatment of VAT during 01/01/2016 to 13/01/2016 issued by IRD
More instructions from IRD
http://www.lankataxforum.com/?qa=blob&qa_blobid=3150494821517414029
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