VAT Guide to Value Added Tax - sri lanka inland revenue ...
VAT Guide to Value Added Tax - sri lanka inland revenue ...
VAT Guide to Value Added Tax - sri lanka inland revenue ...
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16.4 Concessions available <strong>to</strong> Exporters<br />
Type of Exporter Type of Concession Available for<br />
BOI manufacturer of<br />
garments for export<br />
<strong>VAT</strong> exclusion<br />
(<strong>VAT</strong> is not charged by<br />
Cus<strong>to</strong>ms/BOI)<br />
i. Import of fabric<br />
(for such manufacture & export o<br />
ii. Transfer of such fabric<br />
• With or without value additio<br />
• <strong>to</strong> any person (not necessa<br />
• for manufacture & export o<br />
(a) Any manufacturer and<br />
exporter of goods so<br />
manufactured.<br />
(b) If it is a new enterprise<br />
approved under Sec.<br />
22(7)<br />
Indirect Exporter i.e<br />
Trading House<br />
Any other Exporter approved<br />
under Sec.22(7) which is a<br />
new Enterprise<br />
<strong>VAT</strong>– Deferment<br />
(By Cus<strong>to</strong>ms/BOI)<br />
<strong>VAT</strong> – deferment<br />
<strong>VAT</strong>– Non collection of deferred<br />
Amount (C.G.I.R will pay <strong>to</strong><br />
DGC)<br />
<strong>VAT</strong> – exclusion<br />
<strong>VAT</strong> Refund<br />
i. Purchase of fabric<br />
• from a BOI manufacturer o<br />
• for the purpose of manufact<br />
export<br />
(a) * Import of goods(including ma<br />
* for the purpose of manufactu<br />
(b) * Import of project related items<br />
implementation period.<br />
i. Import of fabric<br />
* for manufacturer and export o<br />
* through a BOI manufacturer c<br />
garments<br />
On <strong>VAT</strong> paid on the import of proj<br />
project implementation period<br />
92