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srilawsby aturio
As enacted
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11. Insertion of new section 64B in the principal enactment

Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.

The following new section is hereby inserted immediately after section 64A of the principal enactment and shall have effect as section 64B: -

64B. (1) Every registered person shall use secured point of sale machines for all the transactions, issuance of invoices and to manage and maintain records in respect of the taxable activities carried out by him in the manner as may be prescribed, within three months from the date so prescribed.

(2)

For the purpose of this section

“secured point of sale machine” means an electronic device or system, approved by the Commissioner-General in the manner prescribed, which is used by a registered person for the purpose of recording the supplies of goods or services, generating invoices or receipts, and capturing transaction data in real time, so as to ensure proper accounting of turnover and the collection and remittance of the Value Added Tax in accordance with the provisions of this Act and any regulations made thereunder.”.

Read on from s 12