Basically value addition is the profit . Real VAT liability can comput reverse adjustment to the profit. But basically in sri lanka VAT is profit to the companies as many private companies making invoice using two set of invoice.only one set will disclose to the IRD. And then adjusting stocks .those companies are paying small amount as VAT. There is no any link with IRD with the bank accounts.first implement proper system to collect the Tax.if sri lanka is having proper system can reduce VAT and other TAXs
@jayalankacharitha88336 ай бұрын
Super explanation. Hayan sir thank you
@user-he9ox1nz5o6 ай бұрын
A nice explanation Thank you so much ❤
@user-dq3oi7cz9n6 ай бұрын
Superb explanation I have watch about VAT. Thank you very much ❤
Thank you for watching. That is true sri lanka had TT and GST at the same time. Such TT was administered by provincial councils and charged only on whole sale and retail business. Such business was excluded from GST scope.
@arkad-fmltadvisor6 ай бұрын
Now the situation changed
@user-gv6jm3fc9o6 ай бұрын
වැට් එක බලු වැට් එකක් තමා
@sashithchathu94536 ай бұрын
tax Details danaganna contact num ekak danna puluwan da
@pali5166 ай бұрын
අපි රඡයට වැට් ගහන්නේ ඡනාධිපතිවරණයේදී.
@mahodapalipana5166 ай бұрын
Can we issue a VAT invoice without VAT registration
@arkad-fmltadvisor6 ай бұрын
No
@Tresure412 ай бұрын
Puluwan habai vat register karapu ayathanayakata dunnoth e gollo e bill eka system danna giya gaman ahu wenawa ethakota ithin sorry dot com