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Home Business

Federal government insists on collection of VAT by FIRS

1 year ago
in Business, News
0
0
Federal government insists on collection of VAT by FIRS

The Federal Government says the Federal Inland Revenue Service, FIRS, will continue to collect Value Added Tax, VAT, following the ruling of the Court of Appeal on the matter.

Attorney-General of the Federation, Abubakar Malami, disclosed this in New York while speaking on the disagreement over the collection of VAT between FIRS and Rivers Government.

Malami noted that the ruling of maintaining the status quo by the Court of Appeal favored the FIRS.

The Attorney General maintained that it was FIRS that had been collecting the VAT before the dispute arose.

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