Monday, 12 April 2021 12:38

Special GST unit exposes hidden Revenue collection Authority Featured

The government’s move to establish revenue collection authority has come to light with the recent decision to set up a separate unit to handle special Goods and Services Tax ( GST) amidst protests of Inland Revenue Department executive and and other staff officials.

The takeover by the Treasury of some of the functions of the Inland Revenue Department (IRD) along with the introduction of an online managed single Special Goods and Service Tax (GST) in place of the various goods and service taxes and levies, has sparked protests from IRD staff.

The necessary amendments to the finance act will be made by enacting Special GST bill in parliament, he said adding that the draft bill has been submitted to the Attorney General’s Department to finalise it.

He added that several serious incidents of corruption and fraud reported at IRD in VAT and GST collection in the past and such corrupt practices could be eliminated by establishing a separate unit at the treasury.

Joint Secretary of the Inland Revenue Service Executive officers’ Association H. A. L. Udayasiri said that this move is against the established system and procedure of revenue collection in Sri Lanka.

A senior Treasury official said that this special GST has been introduced in the 2021 budget and the cabinet of ministers has given its approval to set up the separate division at the Treasury to handle this, taking over this function from the IRD,

The necessary amendments to the Finance Act will be made by enacting the Special GST bill in Parliament, he said.

He added that several serious incidents of corruption and fraud reported at IRD in VAT and GST collection in the past and such corrupt practices could be eliminated by establishing a separate unit at the Treasury.

 

Under these circumstances, the IRD employees associations and unions will have no option other than resorting to trade union action to safeguard their rights and protect the department structure maintained for many decades, he said

 

 

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