Debits Tax Act 2002 · As enacted
9. Returns
Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.
Official translationFrom Department of Government Printing, unchanged
“(1) A commercial bank shall, when remitting the sums referred to in subsection (1) of section 6, furnish a statement to the Commissioner-General in respect of any current account, other than a special current account setting out the following :—
the total amount of debits made from all current accounts maintained by that bank in the preceding month ;
the total amount of debits from all special current accounts maintained by that bank in the preceding month ;
the sums withdrawn as debits tax from all current accounts in that month ;
the sums refunded under paragraph (i) of subsection (1) of section 12 and subsection (2) of section 12 ;
The names and addresses of account holders who have claimed refunds in respect of exempt debits under paragraph (d) of section 13, where the total amount of exempt debits in each current account in a month exceeds fifty per centum of the total debits in the relevant current account or rupees fifty thousand, whichever is lower.
A commercial bank, specialized bank, finance company or authorized dealer shall, when remitting the sums referred to in subsection (2) of section 6, furnish a statement along with such remittance, to the Commissioner - General, setting out the following :—
the amount realized by the enacashment of the certificate of deposit, or travellers cheque, as case may be ;
the sum deducted from that amount as the debits tax payable on that amount.