The special audit report on Sri Lanka’s controversial e-Visa contract has revealed that service providers linked to the project failed to remit more than USD 1.4 million in due taxes to the Inland Revenue Department. According to the report, GBS Technology Services & IVS Global-FZCO, operating under VFS VF Worldwide Holdings Ltd, had collected both the 2.5 percent Social Security Contribution Levy and 18 percent Value Added Tax from visa applicants between April and August 2024. However, the amounts — estimated at USD 172,970 in SSCL and USD 1,245,390 in VAT — were not paid to the government, resulting in…
USD 1.4M in collected taxes unpaid: VFS, IVS, GBS under fire in Sri Lanka
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