Olaniwun Ajayi LP

February 17, 2022

TAT LAGOS SETTLES CONTROVERSY ON THE SCOPE OF STOCK-IN-TRADE FOR THE CLAIM OF INPUT VAT – CHI LTD V. FEDERAL INLAND REVENUE SERVICE

In what may be regarded as a breakthrough for players in the manufacturing sector in Nigeria, the Tax Appeal Tribunal provided clear parameters for the determination of “Stock in Trade”...

February 17, 2022

TAT LAGOS SETTLES CONTROVERSY ON THE SCOPE OF STOCK-IN-TRADE FOR THE CLAIM OF INPUT VAT – CHI LTD V. FEDERAL INLAND REVENUE SERVICE

In what may be regarded as a breakthrough for players in the manufacturing sector in Nigeria, the Tax Appeal Tribunal provided clear parameters for the determination of “Stock in Trade”...