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Nairaland Forum / Nairaland / General / Politics / Why Is Borno State Not Paying VAT? (Photos) (45423 Views)
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Re: Why Is Borno State Not Paying VAT? (Photos) by nezer83: 11:17pm On Sep 19, 2021 |
emmyyoung688: Do you understand the meaning of value added tax? Is value added to cooked food? Is raw food items sold in a restaurant? Pls stop displaying your illiteracy, ask questions if you do not know. QED. 1 Like 1 Share |
Re: Why Is Borno State Not Paying VAT? (Photos) by Trimjos: 11:19pm On Sep 19, 2021 |
BluntCrazeMan: What are you even saying?? How do u peg tax at zero when the law is very clear on it?? Besides, kFC and Hebron operate same business and is expected to charge same thing in Nigeria where they both operate. 2 Likes 1 Share |
Re: Why Is Borno State Not Paying VAT? (Photos) by nezer83: 11:30pm On Sep 19, 2021 |
mrphysics: If they have not automated or developed their tax system to capture and collect necessary vat, why share from those who did put in efforts to develope their collection system? 3 Likes 2 Shares |
Re: Why Is Borno State Not Paying VAT? (Photos) by nezer83: 11:33pm On Sep 19, 2021 |
tolguy: You are an IDIOT not to know that foodstuffs are not sold in a restaurant. Aboki. 5 Likes 2 Shares |
Re: Why Is Borno State Not Paying VAT? (Photos) by BluntCrazeMan: 11:35pm On Sep 19, 2021 |
Trimjos:You cannot do comparative analysis of two different entities where every other variables around the two entities are not kept equal as much as possible.. It is unscientific to do such.. You won't get reliable results. ... That's my point. .. You can dwell so much on the instances I gave (just for clarity sake). 2 Likes 1 Share |
Re: Why Is Borno State Not Paying VAT? (Photos) by Trimjos: 11:36pm On Sep 19, 2021 |
nezer83: The thing is quite painful. FIRS has been collecting this tax for eons now. Why do they tax people down south and don't tax people up north?? 2 Likes |
Re: Why Is Borno State Not Paying VAT? (Photos) by Nobody: 11:37pm On Sep 19, 2021 |
noiZ: Oga I don’t need story about competition, I am telling you how VAT works legally. There are many things we do in Nigeria that we take as gospel that are actually wrong. If the item you are charging is vatable then the law requires you show the VAT on the receipt. Because if you are providing a service or product to a business, that business should be able to deduct any VAT paid from its final VAT bill. The truth with Nigeria is the VAT we administer in Nigeria is not True VAT but sales tax. True VAT you only pay tax on the the portion of the value you added. Or else a product can go through numerous intermediaries before it reaches the final consumer and each person will pay full VAT. |
Re: Why Is Borno State Not Paying VAT? (Photos) by Trimjos: 11:38pm On Sep 19, 2021 |
BluntCrazeMan: There is nothing scientific in VAT. The law is very clear on it. 7.5% tax on consumables such as this. One is collecting and the other is not. Nothing scientific to prove there 3 Likes 2 Shares |
Re: Why Is Borno State Not Paying VAT? (Photos) by freegaza(m): 11:48pm On Sep 19, 2021 |
creamyanne: Don't waste your time arguing with people that don't know anything! They are full of hatred and bitter, living a miserable life and want others to live the same |
Re: Why Is Borno State Not Paying VAT? (Photos) by freegaza(m): 11:50pm On Sep 19, 2021 |
Trimjos: You've eaten in all restaurants in Maiduguri and you think Hebron is the biggest restaurant in Maiduguri? Stop lying mehn!!! You don't know anything about Maiduguri. ![]() ![]() BTW I was in Hebron this evening 1 Like
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Re: Why Is Borno State Not Paying VAT? (Photos) by Trimjos: 11:55pm On Sep 19, 2021 |
freegaza: You are senseless coz if u re not you will know that the topic is about payment of vat. Stop implicating urself coz there's no vat in what u posted. Who cares if u went there this night or even sleeps there??Robbing south to pay north. 4 Likes 2 Shares |
Re: Why Is Borno State Not Paying VAT? (Photos) by maste: 12:06am On Sep 20, 2021 |
Blaming the devil or whatever your name is you are so ignorant instead of keeping quiet you are making noise and exposing your ignorance. Food bought.in a restaurant is vatable. Keep quiet if you fail to seek knowledge 1 Like |
Re: Why Is Borno State Not Paying VAT? (Photos) by ZIAZI(m): 12:07am On Sep 20, 2021 |
blamingthedevil: How can you abuse someone for having zero knowledge when you did not even address the issue. Did you even read through what you posted? A particular provision holds that the basic food items do not include food from eateries, restaurants and other listed places. This simply means that customers would pay VAT for whatever they purchase. |
Re: Why Is Borno State Not Paying VAT? (Photos) by BluntCrazeMan: 12:09am On Sep 20, 2021 |
Trimjos:It would still be proven to The World that companies (and Eateries too) pay their VAT in Borno. (And also in Adamawa, Yobe, Kebbi, Taraba, Bauchi, And so on). .. By then, this Hebron Foods will have to come out and explain to “The World” why they had not been paying their own VAT. |
Re: Why Is Borno State Not Paying VAT? (Photos) by freegaza(m): 12:20am On Sep 20, 2021 |
Trimjos: I don't care about your VAT whatever coz that has never put food to my table and will never do. You said you have eaten in all restaurants in Maiduguri, I challenge you to mention the restaurants and I will provide a receipt for everyone of them. And for your information there are many restaurants that deduct VAT here. I AM MORE CONCERN WITH YOU SAYING HEBRON IS THE BIGGEST RESTAURANT IN MAIDUGURI. THAT IS A BIG FAT LIE! |
Re: Why Is Borno State Not Paying VAT? (Photos) by Realrex(m): 12:22am On Sep 20, 2021 |
That's why are up against governor Wike |
Re: Why Is Borno State Not Paying VAT? (Photos) by Trimjos: 12:29am On Sep 20, 2021 |
freegaza: I don't argue with cows. Go and meet ur mates |
Re: Why Is Borno State Not Paying VAT? (Photos) by freegaza(m): 12:42am On Sep 20, 2021 |
Trimjos: YOU ARE A FUCKING LIAR!!! THIS IS WHAT YOU ARE. CAUGHT RED HANDED!!! 1 Like |
Re: Why Is Borno State Not Paying VAT? (Photos) by Osyxcel(m): 12:57am On Sep 20, 2021 |
Minjim: Yes. So far they are not processed. Once they are processed, VAT would be added. E.g Chicken. |
Re: Why Is Borno State Not Paying VAT? (Photos) by ehinmowo: 12:58am On Sep 20, 2021 |
blamingthedevil: Maybe you need to read what you posted again. Then clean those garbage comments of yours. 1 Like 1 Share |
Re: Why Is Borno State Not Paying VAT? (Photos) by Osyxcel(m): 1:01am On Sep 20, 2021 |
perambulator: That's why there's input and output VAT. The net represents tax on value added. |
Re: Why Is Borno State Not Paying VAT? (Photos) by ogwumgbe: 1:57am On Sep 20, 2021 |
blamingthedevil: So according to you, IRS shortchanged the South in VAT while doing the right thing in the North? 1 Like 1 Share |
Re: Why Is Borno State Not Paying VAT? (Photos) by oseo1(m): 2:13am On Sep 20, 2021 |
Trimjos: .maybe the tax is implicit (included in the cost of the food 1 Like |
Re: Why Is Borno State Not Paying VAT? (Photos) by heniford2: 2:28am On Sep 20, 2021 |
Useless North lazy North and our useless Reps and useless governors from southsouth region 2 Likes 1 Share |
Re: Why Is Borno State Not Paying VAT? (Photos) by slimfit1(m): 2:59am On Sep 20, 2021 |
blamingthedevil: Explain to us first before insulting pls. |
Re: Why Is Borno State Not Paying VAT? (Photos) by chinebu(m): 3:18am On Sep 20, 2021 |
blamingthedevil:Did Borno state share from the illegal vat collected in portharcourt? |
Re: Why Is Borno State Not Paying VAT? (Photos) by omaclarry(m): 3:58am On Sep 20, 2021 |
Every month end go to the bank and ATM you will see them line up to withdraw every dime in their salary to avoid bank charges and stamp duties, but hia we are advised to save in the bank while different charges are thrown at us |
Re: Why Is Borno State Not Paying VAT? (Photos) by Tzar(m): 4:00am On Sep 20, 2021 |
What a parasitic system! |
Re: Why Is Borno State Not Paying VAT? (Photos) by Tpharell: 4:28am On Sep 20, 2021 |
noiZ:Actually, the VAT is bundled into the cost of the product and the invoice shows nothing like taxes and makes it look competitive 1 Like |
Re: Why Is Borno State Not Paying VAT? (Photos) by Tpharell: 5:07am On Sep 20, 2021 |
oseo1:Exactly. The tax can be built into the food cost with 'zero tax' appearing on the invoice to make it appear competitive. The vendor 'bears' the tax burden and pays from sales revenue 1 Like |
Re: Why Is Borno State Not Paying VAT? (Photos) by mfm04622: 5:13am On Sep 20, 2021 |
Bizibi: The law does not specify it should be on the receipt. You sell goods and services that are vatable, you pay VAT based on the sale price, not on profit. So harder to hide 2 Likes 1 Share |
Re: Why Is Borno State Not Paying VAT? (Photos) by Tpharell: 5:14am On Sep 20, 2021 |
Trimjos:There could be several explanations for this. But truth be told, there are lots of things you can get away with in the core north that can't even be attempted in the south without being in trouble with law enforcement. Most drivers in the north are not borthered about custom papers and driver license 1 Like |
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