EconomyNext

Sri Lanka importers to clear cars blocked at Customs without registering

Sri Lanka's Finance Ministry has issued a gazette notice directing Customs to allow importers to clear cars paying import ...
EconomyNext

Sri Lanka BoI trying to solve VAT hit that can kill export backward integration

Sri Lanka’s apparel industries have complained that the removal of the SVAT system which allowed local producers to sell ...
EconomyNext

Sri Lanka’s BOI is trying to solve VAT hit that can kill backward integration

Imported inputs are free of VAT in Sri Lanka like in other competing countries in East Asia. Apparel industry has warned that ...
EconomyNext

Sri Lanka’s BOI is trying to solve VAT hit on backward integration

Imported inputs are free of VAT in Sri Lanka like in other competing countries in East Asia. Apparel industry has warned that they will have to halt backward integration to compete with the rest of ...