Court has no query for implementation 15 % VAT again

Court has no query for implementation 15 % VAT again

The amended draft bill for the VAT has been complies with the Sri Lanka's government's constitution the Supreme court had added which was conveyed in parliament by the deputy speaker Thilanga Sumathipala today the 25th instant.

After the 15 % VAT component was imposed it was

implemented only for a few days.It was again changed to 11% as was charged by the previous regime.

In this regard there were four petitions filed by the joint opposition in the supreme court in regard to the increase of the VAT component  to 15%.The members of the joint opposition Udaya Gammanpila,Bandula Gunawardena,Sisira Jayakody and another attorney at law and others had filed action.However according to the Supreme Court ruling the VAT component has been fixed at 15% once more.