VAT REGISTRATION
This is a discussion on VAT REGISTRATION within the Starting a Business forum, part of the BUSINESS & FINANCE LAW category; We are a small start up janitorial business with a high turnover and marginal profits in sri lanka. However according ...
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Jan 28th, 2009, 09:05 AM
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Join Date: Jan 2009
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VAT REGISTRATION
We are a small start up janitorial business with a high turnover and marginal profits in sri lanka. However according to srilankan company law we are supposed collect vat from our customers as per our turnover. however our customers are mostly not willing to pay VAT. Can you pls advise how we can resolve this problem as we do not have enough margins to pay out of our company to the government.
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