Wednesday 20 April 2016

Sri Lanka to exempt power, water from VAT: minister

ECONOMYNEXT - Sri Lanka will not charge value added tax from power and water but telecom and health and education services will be charged, ministers said.

State minister for finance Lakshman Yapa Abeywardene said a decision had been taken to exempt water and telecom.

Private health services will be charged VAT but drugs will be exempted.

Private education services will also be charged VAT.

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