Oyedele sets up new VAT Modification Order C’ttee
In addition, the committee is expected to prepare a practical VAT Modification Order that aligns with the provisions of the Nigeria Tax Act and recommend amendments to the Tax Reform Acts and other enabling laws where necessary to strengthen implementation.
The Minister directed the committee to undertake a comprehensive review of the legal framework, administrative practices and policy directives governing VAT administration, with particular attention to VAT-exempt and zero-rated provisions contained in Part IV of the Nigeria Tax Act, 2025.
According to him, the previous VAT Modification Order, which was issued under the now repealed VAT Act, had served its purpose, but a new Order had become necessary to align with the provisions of the Nigeria Tax Act, 2025.
This is a summary of the original articles listed below. Always read the source articles for the full context. GhanaSummary does not create or modify the news — we summarise and link to original publishers.
