- Circular released by the Federal Ministry of Finance in Nigeria
- Tax and customs incentives for the gas sector
- Effective from the date of the circular’s issuance
- Import duty waiver for equipment related to CNG and LPG
- Zero-rated VAT for feed gas and various equipment and services
- Withdrawal of certain debit notes issued to petroleum marketers
- Concerns about the legality and effective date of the circular
Source: kpmg.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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