20.
| (1) A registered person who makes a taxable supply shall issue to another registered person to whom a supply is made a tax invoice not later than fourteen days after the time of such supply. |
|
| (2) The tax invoice shall set out-
| | (a) the name, address and the registration number of the supplier; | | |
| | (b) the name, address and registration number to whom the supply was made ; | | |
| | (c) the date on which the tax invoice was issued and its serial number; | | |
| | (d) the date of supply and description of the goods or services ; | | |
| | (e) the quantity or volume of the supply : and | | |
| | (f) the value of the supply, the amount of any excise duty payable under the Excise (Special Provisions) Act, No. 13 of 1989, any nationed security levy payable under the National Security Levy Act, No. 52 of 1991, the tax charged and the consideration for the supply. | | |
|
|
| (3) Where goods have been imported into Sri Lanka the customs goods declaration or any other document authenticated by the Director-General of Customs shall be treated as a tax invoice. |
|
| (4) The original of the tax invoice shall be issued to the person to whom the supply was made and the duplicate of such invoice shall be retained by the person who makes such supply, for a period of five years after the expiry of the taxable period in which such invoice was issued. |
|
| (5) It shall not be lawful to issue more than one tax invoice for each supply. If a registered person claims to have lost the original tax invoice, the person who makes the supply may issue to such registered person a copy clearly marked "copy only". |
|
| (6) Where a taxable supply is made by a registered person to a person who is not registered, such registered person shall issue an invoice, to such person who is not registered, setting out the consideration inclusive of the tax of such supply and the rate of tax applicable to such supply. |
|
| (7) Any person who contravenes the provisions of subsection (1) shall be guilty of an offence and shall be liable on conviction after summary trial before a Magistrate, to a fine not less than rupees twenty-five thousand and not exceeding rupees two hundred and fifty thousand and thereafter in the event of the offence being continued to be committed, after conviction to a fine of rupees five hundred for each day on which the offence is so continued to be committed. |
|
| (8) Where any person convicted of an offence under subsection (7) continues to commit such offence after a period of fourteen days from the date of his conviction, the court may upon an application for closure of the business being made by the Commissioner-General or any officer authorized in that behalf by the Commissioner-General order the closure of such business. |
|
| (9) In any case where such person fails to comply with the closure order issued under subsection (8), the Magistrate shall forthwith order the fiscal of the court requiring and authorizing such fiscal before a date specified in such order not being a date earlier than three or later than seven clear days from the date of issue of such order to close such business. Such order shall be sufficient authority for the said fiscal or any police officer authorized by him in that behalf to enter the premises in which the business is carried on or carried out with such assistants as the fiscal or such police officer shall deem necessary to close such business. |
|
|
Sri Lanka Consolidated Acts