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Tourisum Development Levy

Tourism Development Levy

AN ACT TO PROVIDE FOR THE -IMPOSITION OF A LEVY ON THE ISSUE OF AIRLINE TICKETS AND TICKETS IN Respect OF A VOYAGEBYSHIP
TO REPEAL THE EMBARKATION TAX ACT, No. 19 OF 1961 AND TO AMEND THE AIR NAVIGATION ACT (CHAPTER 365) TO PROVIDE FORALEVY
ON THE TURNOVER OF INSTITUTIONS LICENSED UNDER THE TOURIST DEVELOPMENT ACT, No. 14OF1968 ANDTOPROVIDEFORMATTERS
CONNECTED THEREWITH OR INCIDENTAL THERETO

Be it enacted by the Parliament of the Democratic Socialist Republic of Sri Lanka as follows :-
Act Nos,
25 of 2003[ 20th August , 2003 ]
[ Gazette No - 1318-24-2003]
11 of 2004[ 28th October , 2004 ]
[20th August , 2003 ]

short title Short title.
1.This Act may be cited as the Finance Act, No. 25 of 2003 and shall come into operation on September 1,2003.

PART II

TOURISM DEVELOPMENT LEVY

Imposition of levy on institutions licensed under the Tourist Development Act.[ 29,11 of 2004]
11. From and after the date of commencement of this Part ofthisAct,thereshallbeleviedfromeveryinstitution
licensed under the Tourist Development Act, No. 14of1968.alevyofonepercentumontheturnoverofsuch
institutions in any year, to be called the Tourism Development Levy:
Provided however such levy shall not be charged on the turnover of any Genera! Sales Agent licensed undertheTourist
Development Act, No. 14 of 1968 as a Travel Agent, with effect from January 1, 2004.

Method of payment of Tourism Development Levy.
12. (1) The levy imposed under section 11 shall be paid such manner as may be prescribedbytherelevantMinisterin
consultation with the Minister in charge of the subject of Finance and collected by the Director-General of theCeylon
Tourist Board established by the Ceylon Tourist Board Act, No. 10 of 1966.
(2) The Director-General of the CeylonTouristBoardshallretaintheentiretyoftheLevycollectedunder
subsection (1). He shall also furnish such returns in such manner as may be prescribed in thatbehalftotheDeputy
Secretary to the Treasury, within thirty days of the date on which such amount is collected.

Definition of Turnover.
13.For the purpose of this part, "turnover" in relation to -
(a) a tourist hotel, means the amount received ,or receivable from the total sales excluding the service chargeupto
ten per centum ,of such sales and the value added tax charged ,On such sales in .terms ,Of theValueAddedTaxAct,
NO.14 ,Of 2002
(b) a travel agent, means the total receipts from services provided in relation tothetouristindustryexcluding
payments made - by him in respect ,Of services provided to him by other-local service providersandthevalueadded
tax: changed on such sales in terms of the Value Added Tax Act No. 14 of 2002
(c) a tourist shop, means the amount received ,Or receivable from the total sales ,of productsfromanysuchShip
excluding the value added tax charged ,On such sales in terms ,of the Value Added Tax Act, NO. 14, of 2002.

See Schedules,
11 of 2004





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