Saturday, December 6, 2025
  • REPORT A STORY
  • PRIVACY
  • CONTACT US
WITHIN NIGERIA - NEWS PICKS
  • HOME
  • FEATURES
  • NEWS PICKS
    • BREAKING
    • National
    • Local News
    • Politics
    • Diaspora
    • Business
    • Education
    • Sports
    • World News
      • Africa
      • U.S
      • Asia
      • Europe
    • XTRA
  • ENTERTAINMENT
  • MORE
    • GIST
    • ARTICLES
    • VIDEOS
No Result
View All Result
WITHIN NIGERIA - NEWS PICKS
No Result
View All Result
  • HOME
  • FEATURES
  • NEWS PICKS
  • ENTERTAINMENT
  • MORE

FIRS can collect VAT from Lagos hotel owners, court declares

Sodiq Lawal Chocomilo by Sodiq Lawal Chocomilo
July 2, 2022
in Business
Reading Time: 1 min read
0 0
A A
0
Share on FacebookShare on Twitter

The court of appeal sitting in Lagos has ruled that the Federal Inland Revenue Service (FIRS) can collect value-added tax (VAT) from Lagos hoteliers.

The ruling was given on Friday by the court following an appeal filed by the FIRS against the Lagos Hotel Owners Association of Nigeria.

VAT is a consumption tax payable when goods are purchased and services are rendered.

Recall that a federal high court in Lagos in 2019 barred the FIRS from enforcing VAT provisions on goods and services consumed in hotels, restaurants, and event centres in Lagos state.

READ ALSO

Tony Elumelu’s 2008 crisis day that tested every tenet of his Creed

Why every Stock Trader feared the number 4 on the NGX Board

Dangote Refinery to become world’s biggest, plans 1.4 million bpd processing capacity

Why Ajaokuta still breathes in debt and dust

The court upheld the powers of the state government to charge and collect consumption tax from hotels, restaurants, and event centres within the state.

Displeased with the verdict, FIRS proceeded to the court of appeal and subsequently secured a stay of execution pending the outcome of the appeal filed.

In its ruling, the appeal court set aside the federal high court’s judgement, affirming FIRS’ authority to collect VAT from all taxpayers.

The appeal court also struck out a counter-claim filed by the Lagos government against FIRS.

There is an ongoing legal tussle between FIRS and some state governments on the issue of VAT collection. But no date has been fixed for the hearing of the case at the supreme court.

Discussion about this post

ADVERTISEMENT
NEWS PICKS — WITHIN NIGERIA

WITHIN NIGERIA MEDIA LTD.

NEWS, MULTI MEDIA

WITHIN NIGERIA is an online news media that focuses on authoritative reports, investigations and major headlines that springs from National issues, Politics, Metro, Entertainment; and Articles.

Follow us on social media:

CORPORATE LINKS

  • About
  • Contacts
  • Report a story
  • Advertisement
  • Content Policy
  • Privacy Policy
  • Terms
 
  • Fact-Checking Policy
  • Ethics Policy
  • Corrections Policy
  • REPORT A STORY
  • PRIVACY
  • CONTACT US

© 2022 WITHIN NIGERIA MEDIA LTD. designed by WebAndName

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • FEATURES
  • NEWS PICKS
    • BREAKING
    • National
    • Local News
    • Politics
    • Diaspora
    • Business
    • Education
    • Sports
    • World News
      • Africa
      • U.S
      • Asia
      • Europe
    • XTRA
  • ENTERTAINMENT
  • MORE
    • GIST
    • ARTICLES
    • VIDEOS

© 2022 WITHIN NIGERIA MEDIA LTD. designed by WebAndName