Saturday, September 18, 2021
spot_img

Court Of Appeal Stops Rivers And Lagos From Collecting VAT

- Advertisement -
A Court of Appeal sitting in Abuja has stopped the governments of Rivers and Lagos from collecting Value Added Taxes (VAT), pending the determination of an appeal filed by the Federal Inland Revenue Service (FIRS). VAT Wahala

The appellate court which said the order was to preserve the ‘Res’ (subject matter) of the appeal before it, gave the order on Friday, September 10.
READ ALSO: Lagos Assembly Passes Open Grazing Ban Bill…And VAT Bill On The Same Day

Nyesom WikeThis came after Attorney-General of Lagos state, Moyosore Onigbanjo informed the court of an application for the Lagos state government to be joined as a co-respondent in the appeal filed by FIRS.
READ ALSO: States Collecting VAT Will Lead To Double Taxation Of Businesses –  FIRS

The three-member panel of justices of the appellate court led by Haruna Tsammani asked parties involved in the case to refrain from taking action, following a judgment by a high court that gave Rivers state government the right to collect VAT instead of the FIRS.

Watch our trending video of the day below;

Also Read:  BBNaija: Only Jesus Can Help You, TrikyTee Tells Erica

Photo Credit: Getty

Also Read:  Davido Is A Blessing To The Music Industry! Nigerians React After Singer Signs May D
- Advertisement -

Related Articles

- Advertisement -

Leave a Reply

Stay Connected

13,000FansLike
21,100FollowersFollow
37,000SubscribersSubscribe
- Advertisement -

Latest Articles