{"id":163284,"date":"2016-06-01T13:56:25","date_gmt":"2016-06-01T08:26:25","guid":{"rendered":"https:\/\/www.colombotelegraph.com\/?p=163284"},"modified":"2016-06-08T00:10:49","modified_gmt":"2016-06-07T18:40:49","slug":"multi-billion-tax-revenue-fraud-by-yahapalana-group-exposed","status":"publish","type":"post","link":"https:\/\/www.colombotelegraph.com\/index.php\/multi-billion-tax-revenue-fraud-by-yahapalana-group-exposed\/","title":{"rendered":"Multi Billion Tax Revenue Fraud By Yahap\u0101lana Group Exposed"},"content":{"rendered":"

By Nagananda Kodituwakku<\/span><\/a> –<\/strong><\/p>\n

\"Nagananda<\/a>

Nagananda Kodituwakku<\/p><\/div>\n

Wickremesinghe administration when keep on increasing tax in various forms, urged people to bare it, claiming that the new administration cannot run the government business without adequate funds in the treasury blaming MR regime. Since then people were burdened with more and more tax charged on every commodity, including hospital bill payments.<\/p>\n

Yet, it has been revealed that the new government that promised clean corrupt free administration dubbed \u2018Yahapalana<\/em><\/span><\/a>\u2019 is committing worse crime than Rajapaksa regime, keeping the people in total dark.<\/p>\n

All 225 MP elected to the parliament in the General Election held in August last year, including those who were rejected by the people yet nominated as MPs through the National list, have been issued with a tax free permit by yahapalana administration to import a vehicle (petrol or diesel) upto the value of US$ 62,500.00. These permits have been issued with no limitation on the engine capacity and there is no restriction whatsoever on the transfer of vehicles imported on these permits to any.\"PM<\/a><\/p>\n

Followed by the granting of this windfall, Finance Minister, Ravi Karunanayake<\/span><\/a> issued a special gazette notification, exempting all levies, normally 300% on luxury diesel vehicles imported on these permits, that comes to about 30 million rupees or more.\"Tax<\/a><\/p>\n

Now it is learnt that there is a huge demand for these permits, which goes for between 20 million to 22.5 million in the open market, as there is a total tax exemption, except mere Rs 1065\/- charged for processing data by Customs.<\/p>\n

Strictly, this is a day light robbery of public funds, (tax revenue) which falls within the definition of offence of corruption, as every member of parliament who sells their permits commit the offence as soon as they abuse the public office to favor themselves with an unjust enrichment by defrauding the tax revenue.<\/p>\n

Yet, cruelest part is that the Corruption Commission under Yahapalana government is not prepared to enforce the law against this day light robbery \u2018as the loss cause to the government by the sale of these permits is due to the implementation of the government policy\u2019 that is pickpocketing of tax revenue by the so-called people\u2019s representatives, who promised corrupt free administration to ever gullible people of Sri Lanka, but do exactly the opposite.\"2015-03-04-<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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