Value Added Tax (Amendment) Act 2003 · As enacted
21. Amendment of the first Schedule to 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
The First Schedule to the principal enactment is hereby amended as follows :—
by the repeal of paragraph (h) of item (xi) of that
Schedule and the substitution therefore of the following :—
“(h)
the provision —
of the facility of instalment credit finance in a hire purchase conditional sale or credit sale agreement for which facility a separate charge is made and disclosed to the person to whom the supply is made ;
of goods under any hire purchase agreement or conditional sale agreement which have been used in Sri
Lanka for a period not less than twelve months as at the date of such agreement ;”;
in item (xiii) of that Schedule by the substitution for the words “The import and and supply” of the words
“The import and supply”;
in item (xiv) of that Schedule by the substitution for the words “The import and supply of unused postage” of the words “The import or supply of unused postage”;
by the substitution for item (xvi) of that Schedule of the following :—
The import of goods by any organisation approved by the Minister, where he is satisfied that such goods are gifts from persons or organisaitons abroad or the supply of goods directly funded by any foreign organisaiton for the relief of sudden distress caused by natural or human disasters ;
by the repeal of item (xxvi) of that Schedule.