The Hon. Ravi Karunanayake

New Democratic Front· National List· 9 April 2025 ·Debate: Debate: Value Added Tax (Amendment) Bill - Second Reading (Afternoon Session and Reported Business)

Public Finance

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Ravi Karunanayake asked the Minister to provide a definitive assurance on the Government’s approach to abolishing the Suspended VAT (SVAT) system. He warned that if the VAT refund mechanism does not function effectively, removing SVAT would create additional difficulties for exporters.

Verbatim record (translated)

Machine-translated from Sinhala / Tamil / English

¶ 01 Hon. Deputy Speaker, rose.

¶ 02 Hon. Minister, if the refund system fails, abolishing SVAT will create more problems for exporters. As you responded earlier, please give a definitive assurance on how you will proceed.

Provenance

Source: Hansard, Wednesday, 9 April 2025 ·No. 1747807095041246 ·English daily/uncorrected Hansard
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Cite as: The Hon. Ravi Karunanayake. 10th Parliament, Parliament of Sri Lanka. Hansard, 9 April 2025. No. 1747807095041246. Politick, https://staging.politick.io/lk/speeches/3947