Notice on exemption of goods and services under the Value Added Tax Act, 2002 (dated 18/12/2023) – Inland Revenue Department
View Pdf– Notice on exemption of goods and services under the Value Added Tax Act, 2002 (dated 18/12/2023) – Inland Revenue Department.
- The Inland Revenue Department, vide notice no.PN/VAT/2023-01, stated that PART II of First Schedule to the Value Added Tax Act, No. 14 of 2002 as amended by the Value Added Tax (Amendment) Act, No. 32 of 2023 will be terminated with effect from 31st December 2023. Accordingly, goods and services exempted from VAT with effect from 1st January 2024 are referred to in PART III of the First Schedule to the Value Added Tax Act, No. 14 of 2002. Please refer the notice for more details.
