Extract

Condominium units will be subject to VAT with effect from 1st April 2018. However, VAT will not be payable in respect of condominium units where sale agreements have been entered into prior to 1st April 2018.

In Colombo there are mainly container operations:

• Transhipment and domestic;


• General cargo;


• Liquid and dry bulk (refineries, gas terminals – mainly via Shortest Path Bridging MAC (SPBM));


• Bunkering ship repair;


• Ship building;


• Crew changes;


• Ship chandelling and anchorage services; and


• Off-port and in-port bunkering services.

Read the Sri Lankan chapter here