By AJA Abeynayake
Three Directors of W.M. Mendis and Company Ltd., Arjun Aloysius and two others, were sentenced yesterday to a six-month jail term by the Colombo Magistrate’s Court for defaulting a payment of Value Added Tax (VAT) amounting to Rs. 3.5 billion.
Colombo Additional Magistrate Bandara Ilangasinghe yesterday rejected an appeal submitted by three Directors of W.M. Mendis Distilleries, Arjun Aloysius, A.R. Dinendra John, and Prasanna Kumarasiri, to be forwarded to the Colombo High Court, seeking to invalidate the prison sentence imposed on them by the court earlier yesterday morning (14) over VAT evasion.
Through this appeal, the defendants also requested permission for paying the due taxes in instalments.
Additional Magistrate IIlangasinghe sentenced the Director of W.M. Mendis Distilleries, Arjun Aloysius and two others, to six months in prison for defaulting the payment of Rs. 3.5 billion in VAT by the company, when the case was taken up.
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 due to the government during the period from 2016 to 2019.
On November 14, 2023, the court ordered the accused to make the due payments. The imprisonment was imposed over failure to complete the relevant payments as per the court order.
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