Federal Government Removes 63 Items From VAT [Full Lists]

Federal Government Removes 63 Items From VAT [Full Lists] …C0NTINUE READING HERE >>>

The Federal Government has exempted 63 items from VAT.

Newsone Nigeria reports that the Federal Government led by President Bola Tinubu has exempted 63 items from value-added tax (VAT).

The 63 items exempted from VAT, according to a post on X by Taiwo Oyedele, chairman of the presidential committee on fiscal policy and tax reforms, on Friday, October 4, 2024, are contained in an official gazette for the ‘Value Added Tax (Modification) Order, 2024,’ dated September 3, 2024.

This is coming after the Minister of Finance and Coordinating Minister of the Economy, Wale Edun on Wednesday,…

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