Goods And Services Tax Act (No. 26 of 2000)

Sri Lanka Consolidated Acts

Amendment of section 7 of the principal enactment

5. Section 7 of the principal enactment amended by Act No. 11 of 1998 is hereby further amended in subsection (1) of that section as follows :"

(a) by the repeal of paragraph (a) of that subsection and the substitution therefor of the following :"

	"(a) goods shall be zero rated where the person supplying the goods has exported such goods ;' ;

(b) in paragraph (b) of that subsection"

	(i) by the substitution in subparagraph (ii) of that paragraph for the words '"for the purpose of re-export," of the words "for the purpose of re-export and;";

	(ii) by the substitution in paragraph (iii) of that paragraph for the words "for use outside Sri Lanka ; and" of the words "for use outside Sri Lanka": and

	(iii) by the repeal of subparagraph (iv) of that paragraph ;