On 1 October 2023, Nigeria’s Federal Government announced an agreement to waive VAT on diesel for 6 months. As previously reported, the Nigerian Customs Service (NCS) was instructed to begin charging VAT at the rate of 7.5% on diesel imports in June 2023.
Source: Orbitax
Latest Posts in "Nigeria"
- Federal Government Insists on New Tax Reform Despite IATA’s Criticism Over International Treaty Violations
- Stakeholders Criticize New Tax Reforms as Nigerian Government Insists Airlines Must Pay VAT
- Nigeria to Enforce VAT on Non-Resident Digital Services from 2026
- Nigeria Extends E-Invoicing Compliance Deadline for Large Taxpayers to November 2025
- FIRS Launches E-Invoicing Platform to Enhance Tax Compliance and Transparency in Nigeria
