NERC MAKES MYTO COST-REFLECTIVE
Introduction Further to the authority given under Section 76 of the EPSR (Electric Power Sector Reform) Act 2005, the Nigerian Electricity Regulatory Commission (NERC or the Commission) established a policy…
DO YOU PAY VAT ON LEASED PROPERTIES?
In Ess-ay Holdings Limited v. FIRS (Federal Inland Revenue Services), the Tax Appeal Tribunal “TAT” ruled that under the VAT Act, VAT is paid on the supply of goods and…