Full List Of 63 Items Exempted From VAT …C0NTINUE READING HERE >>>
The Federal Government has announced the exemption of 63 items from Value-Added Tax (VAT), in a strategic move to stimulate various sectors of the Nigerian economy.
This development was disclosed by the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, in a statement shared on X on Friday.
The announcement references the ‘Value Added Tax (Modification) Order, 2024,’ which was dated September 3, 2024.
The exemption is part of broader fiscal reforms aimed at enhancing economic activities and easing financial burdens on businesses and…
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