Featured Finance

7.5% VAT deductions on voice calls is under FIRS, says Minister

Communications and Digital Economy Minister Isa Pantami said that the 7.5 per cent Value Added Tax (VAT) deductions on voice calls and text messages fell under the purview of Federal Inland Revenue Service (FIRS).
Pantami made the clarification in a statement signed by his spokesperson, Mrs Uwa Suleiman, and made available to newsmen on Thursday in Abuja.
The statement noted that the ministry was not mandated to handle the issue
The Minister explained that the ministry was inundated with complaints and enquiries concerning the recent 7.5 per cent VAT deductions on voice calls and text messages, by some Mobile Network Operators (MNOs).
“We also wish to notify the general public that contrary to opinion in some quarters, I had no prior consultation or awareness about this development,’’ he said.
He further advised that all enquiries and clarifications should henceforth be directed to FIRS, being the proper institution on VAT matters.
Pantami, however, assured that the interests of Nigerians would be protected in that aspect.
”We appreciate the support and efforts of well meaning Nigerians who have sought clarifications in a civil manner,” he said.

 

Related posts

We’ll make petrol-to-gas conversion in automobiles cheaper — FG

Our Reporter

Kano c’ttee to conduct 3,000 mass weddings for widows, divorcees, spinsters

Editor

45 barrels not 45,000 barrels leaked from Bayelsa oil field- NOSDRA

Our Reporter

Gazprom gas export revenue doubles to $28.4bn first 8 months

Abisola THOMPSON

FIRS boss cautions against ICT inventions undermining tax collection

Meletus EZE 

Peterside faults forex allocation policy

Our Reporter