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N298.01bn Generated As VAT In Q4 2018 – NBS - Business - Nairaland

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Nigeria Records Trade Surplus Of N1.44tln In Q4 – NBS / Flour Mills Group Reports N298.44 Billion In Revenue For 2017 Half Year / N246.30bn Generated As VAT In Q2 2017 – NBS (2) (3) (4)

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N298.01bn Generated As VAT In Q4 2018 – NBS by BrandSpurNG: 6:00am On Feb 22, 2019
Sectoral distribution of Value Added Tax (VAT) data Q4  2018 reflected that the sum of N298.01bn was generated as VAT in Q4 2018 as against N273.50bn generated in Q3 2018 and N266.73bn in Q2 2018 representing 8.96% Increase Quarter-on-Quarter and 17.28% Year-on-Year. 


Other manufacturing generated the highest amount of VAT with N28.82bn generated and closely followed by Professional Services and Commercial and Trading both generating N24.12bn and N16.02bn respectively while Mining generated the least and closely followed by Pharmaceutical, Soaps & Toiletries and Chemical, Paints and Allied Industries with N35.75 mln, N209.33 mln and N258.39 mln generated respectively.

Out of the total amount generated in Q4 2018, N138.42bn was generated as Non-Import VAT locally while N47.89bn was generated as Non-Import VAT for foreign. The balance of N111.71bn was generated as NCS-Import VAT.

SOURCE: https://brandspurng.com/2019/02/21/n298-01bn-generated-as-vat-in-q4-2018-nbs/

Re: N298.01bn Generated As VAT In Q4 2018 – NBS by dante0147: 6:00am On Feb 22, 2019
Where is the money ?
Re: N298.01bn Generated As VAT In Q4 2018 – NBS by Nackzy: 6:01am On Feb 22, 2019
Corruption that the full is fighting will take more than half of that money and disappear into thin Air

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Basic Features Of Firm Performing SMSF Audit / N12.6tn Generated As Tax Under Buhari, FIRS Says / Financial Times: Buhari Runs A Directionless Government

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