Tag: FIRS
Customs, FIRS, NUPRC to continue deducting cost of collection, says FG
The Federal Government has reaffirmed that there is no change in policy regarding the deduction…
Tinubu directs Finance Ministry to review revenue deductions by Customs, FIRS, NNPC, NUPRC
President Bola Tinubu has directed the Ministry of Finance to reassess all deductions and revenue…
Customs, FIRS, and National Single Window Secretariat strengthen partnership on Trade Facilitation Project
The Nigeria Customs Service (NCS) is ramping up efforts to support the Federal Government’s trade…
Tinubu sets Q1 2026 target for National Single Window Rollout
President Bola Tinubu has directed the National Single Window (NSW) Steering Committee to ensure that…
FIRS collects in record N5.5 trillion in six months – Official
The Federal Inland Revenue Service (FIRS) on Thursday announced a total tax revenue collection of…
FIRS Public Notice on Enactment of Finance Act, 2023
The Finance Act 2023 (the “Act”) was signed into law on 28 May 2023 by…
Tinubu economic advisers recommend Customs, NIMASA, FIRS merger
President Bola Ahmed Tinubu's economic advisers have proposed the merger of the Federal Inland Revenue…
Nigeria Customs Act Amendment Bill: Finance Ministry, FIRS and the Gathering of Vultures
The present administration in the country is an enigma of sorts and will remain so…
FIRS Issues Simplified VAT regime for Non Resident Suppliers
Further to the Finance Act 2020, the Federal Inland Revenue Service, FIRS has issued simplified…
Ministry of Finance issues VAT (Modification) Order, 2021
The Ministry of Finance has issued a Value Added Tax (Modification) Order, 2021 with a…
How to Calculate VAT on Imported Goods in Nigeria
Have you ever asked the question - How is VAT calculated on imported goods in…