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Sri Lanka not to impose VAT on water

National Water Supply and Drainage Board (NWSDB) of Sri Lanka has decided not to enforce the pre decided 15 per cent value added tax (VAT) charges on consumer bills, from this month onwards. NWSDB was initially planning to pass on this 15 per cent VAT charges to consumers, having being directed by the Department of Inland Revenue. However, with an urgent directive given by the Ministry of Water Supply and Drainage, the plans of doing so has been stopped with immediate effect, which is considered as a relief for the consumers.

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