When will the new VAT rate be effective ?

asked Oct 27, 2016 in VAT by shara
On 26 th October 2016, parliament has approved 15% VAT rate, But i could not find any date of effective. Much appreciate if some one could tell us the effective date. Thank you in advance.

2 Answers

0 votes
answered Oct 27, 2016 by Sahan321 (3,060 points)
Effective date 01.11.2016
0 votes
answered Nov 1, 2016 by wmthushara (3,770 points)
You can find further details from this notice.

http://www.ird.gov.lk/en/Lists/Latest%20News%20%20Notices/Attachments/85/VATNBT31102016_E.pdf

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