- Nigeria’s government has instructed the Nigerian Customs Service to charge a 7.5% VAT on imported diesel.
- This is despite petroleum products being exempt from VAT under the Value Added Tax (Modification) Order 2021.
- The HS code for diesel is not included in the specified codes for exempt petroleum products, allowing for VAT to be charged upon entry into the country.
Source Orbitax
Latest Posts in "Nigeria"
- Examining VAT Taxation in Nigeria: Landmark Decisions and Implications for Federalism
- Nigeria Announces 2025 Tax Reforms and Duty-Free Import Updates
- Nigeria FIRS becomes a Peppol Authority
- Nigerian News Agency Announces New Regime Allowing VAT Credits on Assets
- Nigeria Introduces USD300 Duty-Free Threshold for Low-Value Imports Starting September 2025