When will the new VAT rate be effective ?

Question

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.

Answer 1

Effective date 01.11.2016

Answer 2

You can find further details from this notice.

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

Comments

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