The Hon. (Dr.) Harsha de Silva

Samagi Jana Balawegaya· Colombo· 7 April 2026 ·Debate: Debate: Social Security Contribution Levy (Amendment) Bill and Related Orders - Continuation (Post-Lunch)

Public Finance

AI summary generated by gpt-5.5

Hon. (Dr.) Harsha de Silva sought clarification from the Minister on the broader tax incidence of the 2.5 per cent Social Security Contribution Levy. He asked what its VAT-equivalent burden would be compared with VAT, noting that SSCL is non-creditable and functions like a provincial sales tax rather than a value-added tax.

Verbatim record (translated)

Machine-translated from Sinhala / Tamil / English

¶ 01 Hon. Minister, you said SSCL does not cascade on vehicles; that is fine. Our question is broader. Compared with VAT, what is the VAT-equivalent burden of a 2.5 per cent SSCL, given SSCL is like a PST (non-creditable) whereas VAT is on value added?

Provenance

Source: Hansard, Tuesday, 7 April 2026 ·No. 23476 ·English daily/uncorrected Hansard
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Cite as: The Hon. (Dr.) Harsha de Silva. 10th Parliament, Parliament of Sri Lanka. Hansard, 7 April 2026. No. 23476. Politick, https://staging.politick.io/lk/speeches/598