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.
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