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Health, housing, sugar, milk foods, hospitals and smart cellular phones exempt from VAT  

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Health, Housing, Sugar, Milk foods, Hospitals and Smart mobile phones will not come under VAT. This was revealed by Finance Minister Ravi Karunanayake presenting the VAT (Amendment) Bill to Parliament. VAT has been newly added to Posts, telephones, arrack and cigarettes. The Minister further said that 74 items have been released from VAT. Minister Ravi

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