20. Amendment of section 76 of the principal enactment
ප්රතිචාර සහ සහායනිල ඉංග්රීසි පරිවර්තනය. එය සිංහල හෝ දෙමළ පාඨයට වඩා වෙනස් නම් බලපවත්වන පාඨය කුමක්දැයි පනතේම සඳහන් වේ.
Where the Commissioner-General is satisfied that a registered person or any other person, as the case may be, on or after the appointed date, has paid tax on the acquisition of goods for the purpose of making an exempt supply, the tax so paid by such person shall be deemed to be input tax where such supply has subsequently become a taxable supply and the goods so acquired are being used in making such taxable supply :
Provided however the Commissioner—General shall determine the allowable portion of such input tax where the goods so acquired are being used only partly for the purpose of making a taxable supply.”.
Section 76 of the principal enactment amended by Act, No I! of 1998 is hereby further amended as follows :—
in the definition of “associated person” by the addition immediately after paragraph (g) of that definition of the following :—
“(h) any two or more persons carrying on any activity separately or jointly which has resulted in the supply of identical goods or services which cannot be produced by any other person
Or persons ;”.
in the definition of “body of persons” by the substitution for the words “any undertaking of the
Government of Sri Lanka” of the words “any undertaking of the Government of Sri Lanka or any co-ownership of immovable property ;”;
by the insertion immediately after the definition of
“company” of the following definition :—
“customs bonded area” means —
a bonded warehouse approved under section 69 of Customs Ordinance ;
a bonded warehouse approved under section 84 A of Customs Ordinance ;
a warehouse of the Republic as defined in section 167 of Customs Ordinance ;
aFree Trade Zone declared by the Board of Investment of Sri Lanka which is subject to monitoring by the Department of Customs ;”;
by the insertion immediately ‘after the definition of
“Deputy Commissioner” of the following definitions :—
“educational establishment” means —
a higher educational institution established under the Universities Act,
No. 16 of 1978 or the Buddhist and Pali
University ;
any recognized Institution providing vocational training or re-training for persons engaged in any trade, profession or employment and includes an incorporated examination body;”;
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Amendment of the