Value Added Tax Act (No. 14 of 2002)

Sri Lanka Consolidated Acts

Tax not be charged on wholesale or retai1 supply of goods

3.Notwithstanding the provisions of section 2, the tax shall not be charged on the wholesale or retail supply of goods, by-

(a)a manufacturer of such goods ; or

(b)an importer of such goods ; or

(c) a supplier who is unable to satisfy the Commissioner-General, as to the source from which the goods supplied by him, were acquired:

Provided however, such tax shall be charged on such wholesale or retail supply of goods, if-

(a)any registered person makes an application to that effect to the Commissioner-General;

(b)any other person makes an application to that effect to the Commissioner-General and obtains a registration as provided for in sections 10 or 12.