Sri Lanka Consolidated Acts

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Finance Act (No. 11 of 1963) - Sect 115

Liability of certain persons to pay business turnover tax in respect of businesses not belonging to them

135.
(1) Where any business in respect of which business turnover tax is payable is carried on by any person on behalf of any other person as the agent of such other person, the first-mentioned person shall be chargeable with business turnover tax in respect of that business in like manner and to the like amount as the latter-mentioned person would be chargeable under this Part of this Act.
(2) Where any business in respect of which business turnover tax is payable is subject to a trust, the trustee of that trust shall be liable to pay such tax in respect of such business.


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