FEDERAL GOVERNMENT SUSPENDS 5 PERCENT EXCISE DUTY CHARGE ON TELECOMMUNICATIONS

Science/Technology Sep 6, 2022 0 361 Add to Reading List

WHY THE HEN DOES NOT HAVE TEETH STORY BOOK

It’s an amazing story, composed out of imagination and rich with lessons. You’ll learn how to be morally upright, avoid immoral things, and understand how words can make or destroy peace and harmony.

Click the image to get your copy!

WHY THE HEN DOES NOT HAVE TEETH STORY BOOK

Click the image to get your copy!

WHY THE HEN DOES NOT HAVE TEETH STORY BOOK

Click the image to get your copy!

The Federal Government has suspended the implementation of the 5 percent excise duty charge earlier proposed on telecommunications services in the country.

The Minister of Communications and Digital Economy, Prof. Isa Pantami, disclosed this when he inaugurated a committee to review the 5 percent exercise duty in Abuja.

The Federal Government gave a hint on July 28, that the five percent would be added to the already existing 7.5 percent Value Added Tax (VAT) on telecommunications services.

Speaking during the inauguration of the committee, Pantami said that President Muhammadu Buhari granted his prayer for the immediate suspension of the 5 percent excise duty.