The Hon. (Dr.) Anil Jayantha
Hon. (Dr.) Anil Jayantha stated that no VAT refund issues had been reported from deemed or indirect exporters, distinguishing such cases from direct re-export without value addition. He explained that suppliers providing inputs for domestically value-added exports may receive payments from exporters, supporting SME liquidity, and that refund eligibility requires direct exports to exceed 50 per cent of supplies while other transactions remain under normal VAT with input credit. He assured that reported issues would be monitored and that eligible refunds would be paid promptly regardless of size.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 Hon. Speaker, such issues have not yet been reported from deemed or indirect exporters. If exporters prefer to import and re-export without value addition, that is a separate direct re-export case, not a VAT refund issue. Where inputs are imported and value addition occurs domestically, those suppliers are deemed/indirect exporters and can receive cash from exporters, improving SME liquidity. We will monitor and address any issues reported. Note that to qualify for refunds, an exporter’s direct exports must exceed 50% of supplies; the remainder follows normal VAT, allowing immediate input VAT credit. Whether the refund is large or small, we assure prompt payment.
Provenance
- Source
- Hansard, Tuesday, 11 November 2025 ·No. 22786 ·English daily/uncorrected Hansard
- Page · column
- not yet extracted — page/column anchors are not in the current dataset; the source PDF is the citable location.
- Permalink
/lk/speeches/11903
Cite as: The Hon. (Dr.) Anil Jayantha. 10th Parliament, Parliament of Sri Lanka. Hansard, 11 November 2025. No. 22786. Politick, https://staging.politick.io/lk/speeches/11903