Social Security Contribution Levy bill was issued on 17.06.2022 and subsequently Revised Bill was issued on 24.06.2022.The main reason to issue the revised bill was to change the rate applicable for wholesale and retail sale.
| Wholesale & reailers | Rate as per the Original Bill | Rate as per the Revised Bill |
|---|---|---|
| Sale of any article by a registered distributor in relation to any manufacturer or producer of any goods in Sri Lanka; | 50% of the turnover | 25% of the turnover |
| Wholesale or retail sale other than distributor /manufacturer including importation and sale | 25% of the turnover | 50% of the turnover |