Sri Lanka's Inland Revenue Department (IRD) has issued a notice to taxpayers regarding additional time to file returns for VAT, Stamp Duty, and Betting and Gaming Levy due to the prevailing situation in the country (COVID-19 pandemic, second wave). This includes that the following returns can be submitted up to the dates mentioned below, without late filing penalties:
- Compounded Stamp Duty Return for the quarter ending 30 September 2020 - up to 15 November 2020
- Value Added Tax on Financial…