INSUBCONTINENT EXCLUSIVE:
Mendis Distilleries Arjun Aloysius and two others, who were sentenced to prison on Monday (14) over VAT evasion.Appearing for the
now become a criminal case.Colombo Additional Magistrate Bandara Ilangasinghe, who stated that the relevant case has been filed based on a
certification given by the Inland Revenue Department, rejected the appeal for bail, mentioning that the prison sentence is only an
sentenced the Director of W.M
Mendis Distilleries, Arjun Aloysius and two others to 06 months in prison for defaulting the payment of Rs
3.5 billion in Value Added Tax (VAT) by the company.The relevant case was filed against the company by the Inland Revenue Department (IRD)
for defaulting the payment of Rs
3.5 billion in taxes owed to the government during the period from 2016 to 2019.
