Value Added Tax (Amendment) Act, 2007 🇳🇬
Nigeria
Value Added Tax (Amendment) Act, 2007
- Commenced on 16 April 2007
- [This is the version of this document from 16 April 2007.]
1. Amendment of Act No 102 of 1993
The Value Added Tax Act (in this Act referred to as “the Principal Act”) is amended as set out in this Act.2. General amendments
Substitute for the words “VAT Office” the words “Tax Office” wherever they occur in the Principal Act.3. Amendment of section 4
Substitute for section 4 of the Principal Act a new section “4” – Rate of tax 4. The tax shall be computed at the rate of 5 per cent on the value of all goods and services as determined, under sections 5 and sections 6 of this Act, except that goods and services listed under Part III of the First Schedule to this Act shall be taxed at zero rate.”4. Amendment of section 10
Substitute for the word “him”, the words “the person” in section 10 (…Read the Full Legislation on judy.legal
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