Wednesday, June 1, 2016

Supreme Court To Go Ahead With MP Weerawansha's Petition Against VAT Increase

Image result for supreme court sri lankaThe Supreme Court has today(01)decided to consider the petition filed by National Freedom Front leader MP Wimal Weerawansha by seeking an order to revoke the government's decision to increase the value added tax(VAT).

The petition which was filed by MP Weerawansha and two others has seeking an interim order from the court  to prevent authorities from ordering the public to pay VAT.The petition also argued that a parliamentary approval is must before the VAT increased.

The government has increased the VAT by 4% from 11% to 15% with effect from 02nd of May 2016.

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