A list of goods and services that will be exempted from Value Added Tax (VAT) with effect from January 1, 2024 has been released.
The list of goods included wheat and wheat flour, infant mil powder, pharmaceutical products, medicines and crude oil.
Below is the relevant list issued by the Inland Revenue Department.
en.newswave.lk-693967830-pn-vat-2023-01-18122023-e-exempt-list
