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Government Plans to Remove VAT on Chemical Fertilizers to Support Sri Lankan Farmers

  • Sri Lankan government plans to remove VAT on chemical fertilizers
  • VAT exemption to take effect from the upcoming Yala season
  • Minister discussed proposal with President and received positive response
  • Rising cost of fertilizer has impacted agricultural production
  • Necessary fertilizers for upcoming season already imported and will be provided at pre-VAT prices

Source: english.newsfirst.lk

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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