Min. Karunanayake speaks of VAT at media briefing

Min. Karunanayake speaks of VAT at media briefing

Min. Karunanayake speaks of VAT at media briefing

Written by Staff Writer

11 Jul, 2016 | 8:42 pm

Minister of Finance Ravi Karunanayake convened a media briefing in Colombo on Monday, July 11.

He added that people misunderstand the interim order issued by the Supreme Court, since it is issued only until the VAT is passed in parliament and the verdict which will be issued on December 7.

He went on to note that it will be passed on 20th.  Explaining further he added that once it is passed, the revenue collection will return to normal from May 2.

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