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BREAKING: Sanwo-Olu signs Lagos VAT bill, Nigerian govt opposes

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Lagos Governor, Babajide Sanwo-Olu has signed the State Worth Added Tax (VAT) invoice into legislation.

The invoice was handed by the Home of Meeting on Thursday alongside the anti-open grazing invoice.

“By this act, the Invoice has now turn out to be a Legislation”, Gbenga Omotoso, Info Commissioner introduced in an announcement on Friday.

Sanwo-Olu signed the “invoice for a legislation to impose and cost VAT on sure items and providers” after getting back from an official journey to Abuja .

The federal authorities is against the passage of the invoice and is in court docket to dam it from going into impact.

On Friday, Lagos received its bid to hitch the battle in opposition to the Federal Inland Income Service (FIRS) on the VAT assortment.

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The Courtroom of Attraction defined that it granted the state’s software, filed by the Lawyer Basic and lead counsel Moyosore Onigbanjo, within the curiosity of justice.

Justice Hamman Zamani dominated that Lagos proved that it has the suitable to be heard within the authorized tussle.

The appellate court docket rejected FIRS objection, noting that the company made severe allegations in opposition to the state in its go well with.

“We’ve rigorously scrutinized the difficulty raised by Lagos. We’re of the view that the curiosity of Lagos is paramount and by legislation, should be protected by permitting it to make its case”, Zamani stated.

The FIRS, in an enchantment marked CA/PH/282/2021, desires the Courtroom of Attraction in Abuja to put aside the judgment of a Rivers Excessive Courtroom which granted powers to the state to gather VAT.

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