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VAT

BREAKING: Lagos Assembly Passes VAT, Anti-Open Grazing Bills

The Lagos State House of Assembly has passed the Value Added Tax (VAT) bill, along with a bill that prohibits the open grazing of...

VAT: FIRS To Appeal Rivers Court Judgement

The Federal Inland Revenue Service (FIRS) on Wednesday said it has appealed the judgement of the Federal High Court in Rivers which held that...

Rivers Begins Enforcement of VAT Law

The Rivers State Government has commenced implementation of the state’s Valued Added Tax (VAT) Law.The state Governor, Nyesom Wike, stated this on Wednesday at...

Wike Orders Rivers Agency To Fully Enforce VAT Collection

Rivers State Governor, Nyesom Wike, has ordered the Rivers State Revenue Service (RSRS) to fully implement the State Value-Added Tax Law 2021 which he...

BREAKING: Open-grazing ban, VAT bills scale second reading at Lagos Assembly

The Lagos State House of Assembly on Monday committed the bill on open grazing ban to the Committee on Agriculture after it scaled second...

Court Refuses FIRS Application To Stop Rivers Govt From Collecting VAT

Justice Stephen Dalyop Pam of the Federal High Court in Port Harcourt, Rivers State on Monday refused an application by the Federal Inland Revenue...

FIRS Insists on Collecting VAT, Warns Taxpayers against Default

The Federal Inland Revenue Service (FIRS) has directed taxpayers in the country to continue to pay their Value Added Tax (VAT) to it or...

FIRS Appeals Court Judgment on VAT Collection

The Federal Inland Revenue Service (FIRS) has appealed a recent judgment of a Federal High Court in Port Harcourt, Rivers State on the issue...

VAT collections hit N454.69b in Q4 – NBS

The Federal Inland Revenue Service (FIRS) collected Value Added Tax (VAT) worth N454.69 billion in the fourth quarter (Q4) of 2020.It is 7.06 per...

Buhari Approves Import Duty, VAT Waivers For Critical Medical Equipment

President Muhammadu Buhari has approved the waiver of import duty and Value Added Tax (VAT) for critical medical equipment and supplies.The Presidency revealed this...

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