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Nairaland Forum / Nairaland / General / Politics / Breaking News: We Have Backing Of VAT Act, FIRS Insists (593 Views)
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Breaking News: We Have Backing Of VAT Act, FIRS Insists by CUBANAEZE: 4:06pm On Sep 08, 2021 |
The Federal Inland Revenue Service (FIRS), Wednesday said it has the backing of the Value Added Tax (VAT) Act to collect the tax. Rivers State government is currently locked in a legal battle with the tax agency over the collection of VAT. FIRS Group Lead, Special Tax Operations Group, Mr. Matthew Gbonjubola and his Digital and Innovation counterpart, Mrs. Chiaka Ben-Obi gave insight into the position of the organisation, in Abuja. Mr. Gbonjubola explained that the bulk of VAT revenue comes from imports as well as, federal government Ministries Departments and Agencies (MDAs) contractors. He said that in-country VAT revenue from the states was minimal. According to him, no state government controls any port and that as such, it would be very difficult, if not impossible for sub- nationals to collect VAT. Source https://www.vanguardngr.com/2021/09/breaking-we-have-backing-of-vat-act-firs-insists/ |
Re: Breaking News: We Have Backing Of VAT Act, FIRS Insists by Mossadd: 4:16pm On Sep 08, 2021 |
Vat Act ko Vat law ni. If Vat law really supports you why are you telling us?do we look like a court of law?take your foolishness to court stop disturbing us abegii 1 Like |
Re: Breaking News: We Have Backing Of VAT Act, FIRS Insists by Nobody: 4:25pm On Sep 08, 2021 |
They should just allow each state to govern her self simple, too much of this and that in country already |
Re: Breaking News: We Have Backing Of VAT Act, FIRS Insists by Nobody: 4:27pm On Sep 08, 2021 |
Make they keep on releasing press statement why states keep on collecting VATs. It was the states that told the FG to collect VATs on their behalf. States like Lagos and Rivers state that feel they have the capability to be in charge of VATs within their states should be giving the freedom to do so. Even if the case gets to the Appeal and Supreme Court, the FIRS will lose. 1 Like |
Re: Breaking News: We Have Backing Of VAT Act, FIRS Insists by ERockson: 4:29pm On Sep 08, 2021 |
The law is superior to any act, why is FIRS running to National Assembly to perfect the illegality 1 Like |
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