Sri Lanka, May 9 -- The National Chamber of Exporters (NCE) is calling on the Sri Lankan government to reconsider its decision to abolish the Simplified Value Added Tax (SVAT) by the end of October.The NCE argues that this move will place undue pressure on exporters, who are already grappling with a challenging economic environment.NCE President Indhra Kaushal Rajapaksa emphasised that while the export community is not seeking indefinite protection, the current economic climate, marked by rising energy and logistics costs, global trade uncertainty, and domestic inflation, makes this a particularly inopportune time to dismantle SVAT.The NCE highlights the benefits of SVAT, which eliminates the need for upfront VAT payments, thereby easing ...