Finance Act 2002 · இயற்றப்பட்டவாறு · Part VI · Amendment to the Goods and Services Tax
Section 25
கருத்துகள் மற்றும் உதவிஅதிகாரப்பூர்வ ஆங்கில மொழிபெயர்ப்பு. சிங்கள அல்லது தமிழ் உரையிலிருந்து வேறுபடும் இடங்களில் எந்த உரை மேலோங்கும் என்பதைச் சட்டமே குறிப்பிடுகிறது.
Amendment of section 22 of the principal enactment client support services provided, on or after April |,
2001 over the internet or the telephone by an enterprise set up exclusively for the provision of such services to one or more identified clients outside
Sri Lanka, for which payment is received in foreign currency, through a bank ;”
Section 22 of the principal enactment as last amended by Act, No. 26 of 2000 is hereby amended as follows :—
in subsection (1) of that section by the substitution for the words “as may be specified in the Act” of the following:—
“as may be specified in this Act :
Provided however, the amount of tax, duc on the supply of any garments within such percentage as is permitted for sale locally by the Board of Investment of Sri Lanka under any agreement entered into by any manufacturer of garments for export under section 17 of the Board of Investment of Sri Lanka
Law, shall be twenty-five rupees for each such garment supplied within Sri Lanka ;
in the proviso to subsection (4) of that section by the repeal of paragraph (c) of that proviso and the substitution therefor of the following:—
“(c) there is in excess of input tax, in any taxable period, in the case of a registered person who has entered into an agreement with the Board of Investment of Sri Lanka and that taxable period, falls within the period referred to in
Finance Act, No. 11 af 2002
I]
item (xxvii) of the Schedule or with the project implementation period as stipulated in any agreement referred to in item (xxvill) of the Schedule or up to the commencement of commercial activities whichever is earlier ; or” ;
by the insertion, immediately after subsection (6) of that section, of the following subsection :—
“(6A) Notwithstanding anything contained in subsection (3) and paragraph (1i) of subsection (5) and item (xxvi) of the
Schedule to this Act, credit for input tax shall be allowed in respect of a registered person who Is engaged in the business of distribution of power where such power is purchased by the supplier of power from the Ceylon Electricity Board established under the Ceylon Electricity
Board Act, No. !7 of 1969.”.