Tag: Tax deferment
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Buhari approves one-year tax deferment on imported meters
Importers of electricity meters got a reprieve yesterday as President Muhammadu Buhari approved a one-year deferment of the 35 per cent Import Adjustment Tax (IAT) imposed on Fully Built Unit (FBU) HS Code 9028.30.00.00 meters. The gesture is to make electricity meters affordable for consumers. Finance and National Planning Minister Mrs. Zainab Ahmed had requested…