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Sri Lanka accelerates toward implementation of national e-invoicing system

|Sri Lanka
Sri Lanka

The Inland Revenue Department has announced that implementation of the system is moving forward, with selected taxpayers already transmitting VAT invoice and schedule-related data in real time.

 

Integration with the tax authority platform

Implementation currently targets selected VAT-registered persons within garment exports as well as tea brokers and exporters who have integrated via API with the national tax authority platform (RAMIS).

 

Implementation relieves affected businesses o…