VAT will return with budget


vat-390The government has decided to present the budget in November with the VAT hike bill.

11 percent of the VAT amendment was proposed to increase VAT to 15 percent.

But the Supreme Court interpretation of the Bill in Parliament without the approval of the Board of kaḷēya.kæbinaṭ the government to withdraw this bill again because it was the Supreme Court ordered that the certificate should be submitted with the cabinet. The new VAT Bill presented to Parliament, the government said.

But the government has decided to raise VAT to bring forward a budget without a separate Bill. The budget debate, the Finance Ministry has decided to adopt a revision of the VAT bill debate.

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