Home NewsNational News FIRS will continue to collect VAT – Malami

FIRS will continue to collect VAT – Malami

by Alice Babalola
Review of VAT

The Attorney-General of the Federation (AGF), Abubakar Malami, has said the Federal Inland Revenue Service (FIRS) will continue to collect Value Added Tax (VAT) following the ruling of the Court of Appeal on the matter.

He disclosed this while speaking on the disagreement over the collection of VAT between FIRS and Rivers Government in New York, NAN reports.

Malami, who is also Minister of Justice explained that the ruling of the Court of Appeal that FIRS and the Rivers Government maintain status quo, favoured FIRS.

He said that it was Federal Inland Revenue Service (FIRS) that had been collecting the VAT before the dispute arose, over which the Rivers government approached the High Court.

Malami said: “The position of not only the Federal Government but indeed the judiciary is the fact that status quo associated with the collecting of VAT should be maintained.

“And as far as the judicial system is concerned, the status quo as at the time the parties approached the court, it was the Federal Inland Revenue Service that was indeed collecting the value added tax.

“So with that in mind, the Federal Government has succeeded in obtaining an order that establishes the sustenance of the status quo, which status quo is that the Federal Inland Revenue Service should continue collection.

“This is pending the determination of the cases that were instituted by states, particularly the Rivers State Government and the Lagos State government. The cases are being determined by the court.”

Related Articles

Leave a Comment