Mar 27, 2020

Grace period announced for VAT payments

The government has granted a grace period up to April 30 for companies to pay the value added tax due for the months of February and March 2020, the Department of Inland Revenue said.

Issuing a statement, the Commissioner General of Inland Revenue said that as per the directions issued by the Presidential Secretariat on March 23, 2020 taxpayers are granted a grace period until April 30 for February and March 2020 VAT payments.