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Is This Fraud Or What? (Image) - Nairaland General - Nairaland

Nairaland Forum › Nairaland General › Is This Fraud Or What? (Image) (1837 Views)

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Is This Fraud Or What? (Image) by honeric01(op):
I thought VAT is a form of consumption tax, why charge it separately?

Can anyone explain what is on this receipt?

Someone showed me and an accountant said its like a double tax.

Re: Is This Fraud Or What? (Image) by blank(f): 6:02pm On Jul 05, 2015
It has to be shown separately. So that you will know the cost and then the vat on the item. More for accountability.
Re: Is This Fraud Or What? (Image) by blank(f): 6:04pm On Jul 05, 2015
Didn't see any image sha.
Re: Is This Fraud Or What? (Image) by honeric01(op): 8:11pm On Jul 05, 2015
blank:
It has to be shown separately. So that you will know the cost and then the vat on the item. More for accountability.
Can you see it now?

Re: Is This Fraud Or What? (Image) by honeric01(op): 8:12pm On Jul 05, 2015
Is VAT not a type of consumption tax?
Re: Is This Fraud Or What? (Image) by blank(f): 11:43pm On Jul 05, 2015
honeric01:
Is VAT not a type of consumption tax?
Oh I get you now. The other 5% is a Lagos consumption tax. It's on services like hotels and eateries. They are both consumption tax but Vat is for federal while consumption tax or service tax is for Lagos state.
Re: Is This Fraud Or What? (Image) by honeric01(op): 7:39am On Jul 06, 2015
blank:
Oh I get you now. The other 5% is a Lagos consumption tax. It's on services like hotels and eateries. They are both consumption tax but Vat is for federal while consumption tax or service tax is for Lagos state.
oga o..i told the guy that na to fry/roast ur chicken yourself remain o lolz
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