Sri Lanka, April 17 -- The Inland Revenue Department (IRD) says that all Value Added Tax (VAT) returns must be filed electronically from July 01, 2025.

Meanwhile, manual filed return submissions will only be allowed under exceptional circumstances approved by the Commissioner General, the IRD noted.

Earlier today (17), the IRD announced that locally produced liquid milk and yogurt are now exempted from VAT, following the enactment of the Value Added Tax (Amendment) Bill.

In addition to dairy products, VAT has also been removed on naphtha supplied by the Ceylon Petroleum Corporation (CPC) to the Ceylon Electricity Board (CEB) for electricity generation.

The amendment introduces new tax obligations for the digital economy. From October ...