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The Centre may not cut excise duties and rather prefer consumers and oil firms share the burden of higher prices
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The Centre may not cut excise duties and rather prefer consumers and oil firms share the burden of higher prices
In January 2022, the gross revenue available from the Value Added Tax was N191.2bn. This was lower than the N201.255bn available in December 2021 by N10.033bn.
Governor Ifeanyi Ugwuanyi of Enugu State was among the dignitaries who celebrated an erudite jurist, Senior Advocate of Nigeria (SAN) and former Attorney
VinPro is appealing to Treasury for no more excessive tax hikes and the SA Liquor Brand Owners Association (Salba) said that increasing excise at rates above inflation would continue to provide a competitive advantage to illicit traders at the cost of the legal market and society at large.
SA wine grape farmers and wineries have called on the government to use sound judgment when announcing excise duties during the national budget speech next week.