Value Added Tax (Amendment) Act 2013 · As enacted
17. Amendment of section 25I of the principal enactment
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
Section 25I of the principal enactment as last amended by the Value Added Tax (Amendment)Act, No.9 of 2011 is hereby further amended as follows:-
in subsection (1) of that section :—
by the substitution for the words, “referred to in subsection (2), may apply for registration” , of the words and figures “referred to in subsection (2), may prior to December 31, 2012 apply for registration”;
in paragraph (b) of subsection (1), by the substitution for the words and figures “ shall be valid for a period of twelve years from the date of commencement of the quarter” of the words and figures “shall be valid for any quarter ending prior to January 1, 2013 from the date of commencement of the quarter”;
by the addition immediately after paragraph (b) of that subsection, the following new paragraph :-
“(c) Any registration obtained under this
Chapter shall be treated as cancelled with effect from the period commencing from
January 1, 2013:
Act, No. 17 of 2013
Provided that, any person or partnership registered under this Chapter whose turnover exceeds rupees twelve million per year and fulfils the criteria for registration under section 10 shall obtain a registration accordingly.”.