Thursday, December 28, 2023

Government To Remove Ports And Airport Tax From VAT Imposed On Fuel And Gas

 Government has decided to remove the Ports and Airport tax from the 18 percent VAT (value added tax) Tax scheduled to be imposed on Fuel and Gas  with effect from 01st of January next year according to the Tax policy advisor to the Ministry of  Finance Thanuja Perera.


Accordingly 7.5 percent Ports and Airport Tax imposed on fuel  as well as the 2.5 percent Ports and Airport tax imposed on Gas will be removed from the 18 percent VAT scheduled to be imposed on these products from 01st of January.

No comments:

National Peoples Power (NPP) Created History By Winning The General Election With A Two Third Majority

 The naltional Peoples Power Party  (NPP)ead by President Anura Kumara Dissanayake has emerged victorious at the Parliamentary Election  hel...