Tax Concessions to strengthen the Tourism Industry affected by the Easter Sunday Attacks

Minister of Finance Mangala Samaraweera has taken to his official Twitter account today (07.05.2019) regarding tax concessions to strengthen the Tourism Industry affected by the Easter Sunday Attacks

VAT on Tourism Sector 

VAT will be reduced from 15% to 5% on hotels and tour operators registered with SLTDA from 01st April 2019 to 31st March 2020.

Concession for Security Equipment 

Importered security equipment will be duty free (except for NBT) effective from 7th May 2019.

1.Handheld Metal Detector

2.Walk-through Metal Detector

3.Baggage x-ray Inspection Equipment

4.Vehicle Scanners

Twitter link