In respect of telecommunication services it is expected that the 15% VAT rate will be imposed in addition to the Telecommunication Levy of 25% paid currently.
The increase of NBT rate to 4% in the 2016 Budget will not be implemented and therefore the current rate of 2% will continue. However, the following exemptions will be removed Telecommunications. -
See more at: http://www.ft.lk/article/530017/Gov...to-2016-Budget-proposals#sthash.3Ij767GW.dpuf
According to 2016 Budget Proposal our telecommunication Services will charge us a total of 42% tax on total bill. And will be implemented from 1st of APRIL.
Internet, Telephone Bill Wadi Wendai Yanne,.......
The increase of NBT rate to 4% in the 2016 Budget will not be implemented and therefore the current rate of 2% will continue. However, the following exemptions will be removed Telecommunications. -
See more at: http://www.ft.lk/article/530017/Gov...to-2016-Budget-proposals#sthash.3Ij767GW.dpuf
According to 2016 Budget Proposal our telecommunication Services will charge us a total of 42% tax on total bill. And will be implemented from 1st of APRIL.
Internet, Telephone Bill Wadi Wendai Yanne,.......
