Joint+Opposition+goes+to+Court+against+VAT+amendment+Draft+Bill
Thursday, 14 July 2016 - 13:18
Joint Opposition goes to Court against VAT amendment Draft Bill
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A fundamental petition has been filed with the Supreme Court requesting an opportunity to pass the VAT Amendment Draft Bill by two third majority in parliament.

The Joint Opposition, in its petition stated that the VAT mechanism declared in the past budget is not included in this Draft Bill.

The petitioner states that this Amendment should also be passed by two third majority as the past budget was passed with the same majority.

Joint Opposition MP Mahinda Yapa Abeywardana expressed his views about the fundamental petition they filed yesterday.

The Supreme Court issued on July 11th an interim injunction over the VAT which came to effect from May 2nd. The decree was issued after considering five fundamental petitions filed against the increase in VAT.

The Supreme Court also informed that the interim injunction will be annulled soon after the parliament passes the VAT amendment Draft Bill.

Accordingly the second reading of the VAT amendment Draft Bill will be held on July 20th and a vote taking will also be conducted later that evening.

 

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