Sri Lanka Consolidated Acts

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Value Added Tax (Amendment) Act (No. 6 of 2005) - Sect 13

Section - 13

13. The First Schedule of the principal enactment is hereby amended in Part II thereof as follows :-
(1) in item (i), of Part II (a), by the substitution for the words "fresh coconut, green leaf," of the words "fresh coconut, tea including green".
(2) in item (iv), of Part II (a) by the substitution for the words "aircrafts, helicopters, pearls, diamonds, natural or synthetic, precious or semi precious stones, diamond powder, precious metal, metals clad with precious metals, gold coins and"' of the words "aircrafts, helicopters and";
(3) in item (x), of Part II (a), by the substitution for the words and figures "(effective from 01.07.2004)."of the words and figures "(effective from 01.07.2004);";
(4) by the addition immediately after item (x) of Part II (a), of the following new item :-
"(xi) agricultural seeds, agricultural plants, shrimp feed inclusive of prawn feed and animal feed but excluding poultry feed";
(5) in item (ii) of Part If (b), by the substitution for the words and figures "prior to January 1, 2004;" of the words and figures "prior to January 1, 2004 and the provision of leasing facilities for three wheelers on any lease rental payable on the leasing facility for three wheelers on or after January 1, 2005;";
(6) in item (iii) of Part II (b)t by the substitution for the words and figures "(Chapter 2005) per month;" of the words and figures "(Chapter 2005) per month and electricity through alternate energy projects other than energy through hydro-power or thermal power;";
(7) by the addition immediately after item (viii) of Part II (c), of the following new items:-
"(ix) goods to any project approved by the Commissioner-General, as having a capital investment of not less than rupees one hundred million which are considered as project related capital goods, other than the goods in the negative fist published by the Secretary to the Treasury, during the project implementation period which shall not exceed three years from the commencement of the project, provided that such project makes taxable supplies upon the completion of the project (effective from 1.1.2005);
(x) samples of garments for business purposes by any garment buying office .in Sri Lanka registered with the Textile Quota Board established under the Textile Quota Board Act, No. 33 of 1996, so long as such item is not sold;";
(8) by the addition immediately after Part II (d) of the following :-
"(e) the supply of locally manufactured goods to duty free shops for payment in foreign currency".


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