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Is It Even Right For Banks To Charge VAT On Annual Maintenance Fee - Business - Nairaland

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Nigerians To Pay 5% VAT On Online, Internet Transactions January 2020 — FIRS / New Rules For Banks On Money Laundering / Banks To Pay N10,000 Fine For Failed Transaction Not Reversed Within 24hrs (2) (3) (4)

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Is It Even Right For Banks To Charge VAT On Annual Maintenance Fee by zigalo(m): 7:20pm On Jan 11, 2017
Just for information sake, to the professionals.

Is it right for banks to charge VAT on card annual maintenance fee as a service ? Because its enough they are taking 100 naira from people's acct already. why the vat for an intangible item ?

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