Sinhala (Sri Lanka)Tamil-Sri Lanka
Your all Tax Payments for Development of the Southern Province...... Your all Tax Payments for Development of the Southern Province...... Your all Tax Payments for Development of the Southern Province...... Your all Tax Payments for Development of the Southern Province......
Home Taxes and Fees Turnover Tax

Turnover Tax

Definition   There shall be charged on    Effect From   Turnover Tax Rates    Gazette    How to pay Turnover Tax  Revenue

Definition

Turnover Tax is charged under  section 03 of the Finance Statute of the Southern Province N0.07  of 1990.Top

There shall be charged on

  • When a kind of goods or material is sold within the Southern  Province, a Turnover Tax at the rate of 1% and 5% is collected on the selling value of the item.Top

Effect From

1st January,1991 Discontinued from 01 st January, 2011 alt

Turnover Tax Rates   

Gold, Gems, Jewellery, Furniture, Timber, Cigarette and Liquor  -5%

other goods and materials                                                    -1%

 Gazette

1. 644/29, 1991.01.12

Top

  

Revenue

Year
Amount -Rs. (000,000)
Target
Actual
1991
69
82
1992
118
107
1993
120
119
1994
175
126
1995
180
130
1996
178
150
1997
145
166
1998
165
192
1999
188
211
2000
211
227
2001
215
276
2002
231
293
2003
283
315
2004
350
365
2005
350
411
2006
425
581
2007
600
1121
2008
1218
1374
2009
1375
1401
2010
1541
1632
2011 - 381
2012 - 30.3
2013 - 17.2
2014 - 7.9
2015 - 2.5
2016* - 1.5
      * from 01.01.2016 to 31.12.2016

alt

 

Revenue Calander

July 2020
M T W T F S S
29 30 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2