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Long overdue VAT refunds
Exporters and Inland Revenue Dept in fruitful dialogue
The Exporters Association of Sri Lanka (EASL) conducted a very productive meeting, where a large number of member exporters met with several key officials from the Department of Inland Revenue to discuss the delay in obtaining VAT refunds. The meeting was arranged by EASL following several representations and communications by EASL to the Authorities regarding the long overdue VAT refunds.

Having sent the outstanding VAT refund details collected from the members, prior to the meeting to the relevant Officials, it enabled them to come prepared to clarify the outstanding issues and work towards expediting the refunds. The direct discussions the members had with the Authorities gave both parties the opportunity to voice their concerns and for the Officials to explain the issues they faced in processing these refunds. The outcome was an extremely useful and productive interaction, resulting in many of the issues being resolved and the Export Companies can now look forward to early settlement of their dues. Senior Officers from the Inland Revenue, who participated, were Ms.Mallika Samarasekara – Deputy Commissioner General – Inland Revenue,W M W Kumarasiri – Commissioner – VAT Refunds, Ranjani Silva – Deputy Commissioner – VAT Refunds,J.A.A.Parakrama – Deputy Commissioner VAT Refunds,M L M Thahir – Deputy Commissioner – VAT Refunds,M.K H Karunaratne – Assessor and E K N Edirisinghe – Assessor. This meeting was spearheaded by the EASL Chairperson Ms.Nirmali Samaratunga and was conducted by EASL Vice Chairman,Lasantha Wickremasekera. Members of the EASL Managing Committee were also present at this meeting in addition to a large section of exporters from the membership.

EASL plans to conduct a follow up Seminar to this very useful initial discussion in an effort to proactively bring about a solution to the outstanding VAT refunds due to Exporters, and are confident, through a very cordial and productive dialogue, that this could be achieved at an early date.

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