2. Amendment of the First Schedule to the Act…

Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.

The First Schedule to the Social Security Contribution

Levy Act, No. 25 of 2022 is hereby amended as follows: -

(1)

in item 24 of PART IA thereof, by the substitution for the words

“Ceylon

Electricity Board to supply”, of the words and figures “Ceylon Electricity Board prior to

February 18, 2025 to supply”;

(2)

by the repeal of item 4 of PART IB thereof, and the substitution therefor of the following:-

“4. (a)

petrol, diesel or kerosene sold in a filling station prior to July 1, 2025; and

(b)

petrol, diesel or kerosene, effective from

July 1, 2025;”; and

(3)

in PART II thereof-

(a)

by the substitution for the words “and passengers;” in item 4, of the words “and passengers including the services provided in relation to international transportation by container terminal operators;”;

(b)

by the substitution for the words “Gratuity

Fund; and” in item 23, of the words “Gratuity

Fund;”;

(c)

by the substitution for the words and figures “Act, No. 14 of 2010.” in item 24, of the words and figures “Act, No. 14 of 2010;

and”; and

(d)

by the addition immediately after item 24, of the following new item: -

“25. Financial services of any person who carries on the business of providing financial services in Sri Lanka and liable to Value Added Tax under Chapter IIIA of the Value Added Tax Act, No. 14 of 2002

on the supply of such financial services at the rate of twenty and one half per centum.”.

Read on from s 3