Says if abolition of SVAT is due to IMF reforms, the Inland Revenue Department should first introduce a mechanism for settlement of VAT refunds to exporters within 2 weeks on receipt of claim ...

While commending the move to defer the removal of SVAT, the Planters’ Association of Ceylon (PA) said that smallholders and all growers will have to forego an additional 18% off their cost of ...

Sri Lanka’s tea exporters have urged the government to reconsider its plan to abolish the Suspended VAT (SVAT) system from April 2025, warning that the move will strain working capital ...

The members of Tea Exporters Association (TEA) are concerned over the proposed abolition of SVAT from April 2025 as cashless SVAT system (Suspended VAT) provides exporters with a significant level of ...

SINGAPORE – Auto giant Volvo has set up a facility here to support its ambitions to become a fully electric carmaker and a technology leader. The Volvo tech hub, officially opened on Jan 22 ...

If you're tempted to go electric but have been underwhelmed by some sub-£40k models, the Volvo EX30 might just be the car for you. The EX30 is an electric SUV and the smallest car Volvo makes ...

While many mainstream automakers continue to trend away from sedans as SUV and truck sales continue to surge, Volvo has been a stalwart competitor in the premium sedan segment. The ES90 will live ...

His work has appeared in The New York Daily News and City & State. The compact Volvo EX30 is finally arriving in the US — and with it comes some more clarity about its price. When it was first ...

The EX30, Volvo’s smallest and most affordable electric vehicle, is already one of the top-selling electric cars in Europe. After delivering the first models in December 2023, Volvo sold nearly ...

Since its launch, the Volvo XC60 has played a big part in the Swedish brand's transformation from estate-car specialist to SUV success story. Sitting above the Volvo XC40 in the brand's line-up ...

The Planters’ Association of Ceylon (PA) yesterday commended the Government for its decision to postpone the abolition of the Simplified Value Added Tax (SVAT) system to 1 April 2025. This decision, ...

The Planters' Association of Ceylon (PA) has commended the Government of Sri Lanka for its decision to postpone the abolition of the Simplified Value Added Tax (SVAT) system to April 1, 2025. This ...