Sri Lanka, July 7 -- The Inland Revenue Department (IRD) has announced that all non-resident persons who provide services to customers in Sri Lanka through electronic platforms must register for Value Added Tax (VAT) if their earnings exceed a specified limit.

According to the Gazette notification issued listing the digital services subject to an 18 percent VAT, registration is compulsory if the total value of services supplied exceeds Rs. 60 million within the last 12 months or Rs. 15 million within the last three months, as outlined in the VAT Act.

Non-resident service providers are also required to collect and remit VAT to the IRD by the 20th of the month following the end of each taxable period.

In addition, they must submit VAT re...