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E-Services
e-Stamp Duty
TaxPro-Max
Taxpro-Max
Taxpro-Max Manuals
e-TCC
TIN Verification
Transfer Pricing e-filing Platform
VAT Certificate
VAT Automation Programme
Tax Resources
National Tax Policy
Tax Statistics/Report
Tax Payer Guidelines
Tax Laws
Tax Treaties & Related Matters
Finance Act 2019
Finance Act 2020
Tax Year Planner 2022
Transfer Pricing
Country by Country Reporting
Tax Benefits
Tax Circulars, Regulations and Public Notices
Tax Refund Mechanism
Our Publications
AEOI
AEOI Regulations and Guidelines
AEOI Presentations and Speeches
CRS Enrollment
Questions and Answers
Tax Types/Rates
Companies Income Tax (CIT)
Personal Income Tax (PIT)
Withholding Tax (WHT)
Value Added Tax (VAT)
Personal Income Tax (PIT)
Stamp Duty (SD)
Capital Gains Tax (CGT)
National Information Technology Development Levy (NITDL)
Tertiary Education Tax (EDT)
Procurement
Procurement Advertisment
Procurement Steps
Requirement for Tenders
Payment for Tenders
Redress Mechanism
FIRS Procurement contact
Help & Support
Contact Us
Servicom
Our Charter
FOI
Tax Payer Survey
About Us
FIRS Profile
Executive Chairman
FIRS Board
Management
Gallery.
Value Added Tax (VAT)
VAT is governed by Value Added Tax Act Cap V1, LFN 2004 (as amended)
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VAT is a consumption tax paid when goods are purchased and services rendered
It is a multi-stage tax
VAT is borne by the final consumer
All goods and services (produced within or imported into the country) are taxable except those specifically exempted by the VAT Act
VAT is charged at a rate of 7.5%
Some goods and services such as non-oil exports are zero rated
All taxable persons are required to file VAT monthly returns not later than 21st day following the month of transaction
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Under the Nigerian VAT regime, three groups of taxpayers are obligated to deduct VAT at source and remit directly to the tax authority. These are:
Nigerian companies that are carrying on VATable transactions with non-resident companies within the country;Â
Government ministries, statutory bodies and other agencies of government; and
Companies operating in the oil and gas sector.
   Download VAT-FORM
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