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From 1 April 2026, all VAT-registered businesses in Sri Lanka must issue tax invoices in a new mandatory format prescribed by the Commissioner-General of Inland Revenue under the latest Gazette notification. In this video, I explain: ✔ Why the VAT tax invoice format has changed ✔ The new structured serial number format (YYMMM_QQQQ_XXXXX) ✔ Newly required mandatory information ✔ Changes to invoice layout and date formats ✔ Rules on values, payment modes, and VAT-liable items ✔ Record-keeping requirements for manual and digital invoices ✔ Practical steps businesses should take before 2026 April ⚠️ Non-compliant invoices may be treated as invalid, and input VAT claims based on such invoices can be disallowed during audits. This video is especially useful for: • Business owners • Finance managers • Accountants • Tax executives 📌 Start preparing early to avoid last-minute compliance issues. 🔔 Subscribe to SL Tax Guide for reliable and practical Sri Lankan tax updates.