Sri Lanka Tax Agency Announces August 2025 VAT Filing Deadline

The Sri Lankan Inland Revenue Sept. 18 announced the Sept. 30 filing deadline for August 2025 VAT returns. The announcement also includes that: 1) VAT returns must be filed electronically through e-Services for all taxable periods, from July 1; 2) penalties will be imposed for failing to submit a return or submitting an incorrect return; 3) input VAT credits for local purchases or imports will be denied if claimed on returns filed more than 12 or 24 months after the deadline, respectively; and 4) VAT returns for any taxable period ending within 24 months from the customs declaration date can ...