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Nairaland Forum / Nairaland / General / Politics / Lagos Can't Generate VAT And Others Take 50℅ - Ambode (28346 Views)
Chanting Edo is not Lagos can't win you election / Senate Okays 7.5% VAT And 6 Other Tax Hikes / So Anambra And Imo Can Do It But Lagos Can't Do It? (2) (3) (4)
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Re: Lagos Can't Generate VAT And Others Take 50℅ - Ambode by ude61: 5:49pm On Oct 11, 2017 |
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Re: Lagos Can't Generate VAT And Others Take 50℅ - Ambode by erico2k2(m): 5:50pm On Oct 11, 2017 |
Lagos state GOOD MORNING< VAT ke, wahts wrong with these people, i thought this guy was Educated! |
Re: Lagos Can't Generate VAT And Others Take 50℅ - Ambode by Nobody: 5:50pm On Oct 11, 2017 |
ColonelDrake:Yoruba muslims & Yoruba Christians shenanigans. When will you guys stop smoking weed? Yoruba is one. |
Re: Lagos Can't Generate VAT And Others Take 50℅ - Ambode by enomakos(m): 5:51pm On Oct 11, 2017 |
All the niger delta states shall also chop their oil money alone 1 Like |
Re: Lagos Can't Generate VAT And Others Take 50℅ - Ambode by aribisala0(m): 5:52pm On Oct 11, 2017 |
SalamRushdie:You are the ignorant one but you think you know it all. Please stop talking nonsense. What has VAT got to do with imports? What is the meaning of initiate and terminate. VAT is the same as Sales or Consumption Tax that means it is paid by the final consumer. The person who sleeps in the Hotel room,the person who drinks 1000 Naira tea ,the person who watches a movie at silverbird and so on. Not everything is subject to VAT. There must be Value Added and there is comprehensive guidance. It has NOTHING to do with imported goods which are levied import duties and so on. VAT is Tax paid mainly by LAGOS RESIDENTS. In the states they call it Sales Tax and it is not levied by the Federal Government 5 Likes |
Re: Lagos Can't Generate VAT And Others Take 50℅ - Ambode by erico2k2(m): 5:56pm On Oct 11, 2017 |
TimeMod3:Care to explain that? cos from your write up it seems, you have no clue to what VAT is. I import say One 40 ft container of Smart phones and Smart Tvs, pay my duty at the port and load my cargo unto waiting truck straight to PHC, I offload at my warehouse and begin to distribute as whole seller. Akpos buys 10 units of tv and 20 units of smart phones , takes it to warri to retail,He now sold one to Efe, who in turn pays N40k of which %20 is VAT. Lets test your Brain, betw lagos, PHC and warri, where was teh VAT generated?? 1 Like |
Re: Lagos Can't Generate VAT And Others Take 50℅ - Ambode by masseratti: 5:58pm On Oct 11, 2017 |
SalamRushdie:did you read what you wrote?vat has nothing to do with importation, like u said its borne by the last consumer, vat is not only on import items,its on goods and services, don't confuse Nigerians |
Re: Lagos Can't Generate VAT And Others Take 50℅ - Ambode by masseratti: 6:00pm On Oct 11, 2017 |
aribisala0:thank you, the guy is just turning economics upside down with his fallacy. 3 Likes |
Re: Lagos Can't Generate VAT And Others Take 50℅ - Ambode by Nobody: 6:00pm On Oct 11, 2017 |
Jetleeee:So fun won! Je kon mo! Awon estúpido 3 Likes |
Re: Lagos Can't Generate VAT And Others Take 50℅ - Ambode by erico2k2(m): 6:01pm On Oct 11, 2017 |
aribisala0:DOnt forget he was not talking of sales Tax rather VAT.Also they End consumer of Lagos products might not reside in Lagos every state pays same %50 Im afraid I see nothing wrong.The only situation I would find weird is if he (Ambode) is talking of all products and service that passes fru Lagos being subject to lagos state VAT contribution! |
Re: Lagos Can't Generate VAT And Others Take 50℅ - Ambode by ivolt: 6:02pm On Oct 11, 2017 |
ColonelDrake: You seem to have strong affectionate love for mentally unstable men wherever they come from. [img]https://media./images/b79ed09bcac0d4a3e7fe60d5fca3f989/tenor.gif[/img] 5 Likes |
Re: Lagos Can't Generate VAT And Others Take 50℅ - Ambode by Edu3Again: 6:04pm On Oct 11, 2017 |
Biety: Chai, You nail am. and I am Igbo oh. I hope ur bros will now see why we need Biafra. Make ur money, spend ur money. Not we make money and some Almajiri comes to spend it 1 Like |
Re: Lagos Can't Generate VAT And Others Take 50℅ - Ambode by aribisala0(m): 6:06pm On Oct 11, 2017 |
erico2k2:Stop confusing yourself. VAT is NOT import duty. VAT is sales tax in addition to other specified VAT able products. if you don't know find out and stop misyarning The key point is this The TAX BURDEN IS BORNE BY THE FINAL CONSUMER that is the koko FINAL CONSUMER and that is what makes it very easy to measure where it comes from. 2 Likes |
Re: Lagos Can't Generate VAT And Others Take 50℅ - Ambode by yaki84: 6:07pm On Oct 11, 2017 |
seunmsg:we r talking total restructuring aka true federalism, u r talkimg sh1t. R u trying to pacify ur masters? |
Re: Lagos Can't Generate VAT And Others Take 50℅ - Ambode by SalamRushdie: 6:08pm On Oct 11, 2017 |
aribisala0: I have remitted more VAT than you have earned in Ur entire life so I know what VAT is , I used imported products as a guide so a dude like you could get a quick grasp . Are you aware Traders from all over Nigeria come to buy most of their Goods from Lagos and it's at that point that the VAT is initiated and passed on and on till the last leg consumer terminates it's...I recently supplied a diesel Generator to a private hospital in Nassarawa state, I got the generator from Bhojonson here in Lagos and initiated the VAT which I have remitted here in Lagos but passed that same VAT to the good Doctor that owned the hospital in Nassarawa state , a shallow chap like you will now say that VAT was generated by Lagos state while in truth it was actually borne by Nassarawa state ..Please I hate discussing with shallow minded people because they never understand how things work but keep arguing 2 Likes |
Re: Lagos Can't Generate VAT And Others Take 50℅ - Ambode by SalamRushdie: 6:09pm On Oct 11, 2017 |
masseratti: Who said it had to do with imported goods ..please read my last comment and get clarity . |
Re: Lagos Can't Generate VAT And Others Take 50℅ - Ambode by hola106(m): 6:09pm On Oct 11, 2017 |
seguno2:if u don't knw abt Lagos state plz don't talk trash abt it beta u keep quiet |
Re: Lagos Can't Generate VAT And Others Take 50℅ - Ambode by TheKingIsHere: 6:11pm On Oct 11, 2017 |
maxzzo1: I tell you. 1 Like |
Re: Lagos Can't Generate VAT And Others Take 50℅ - Ambode by yaki84: 6:11pm On Oct 11, 2017 |
free2ryhme:when u hear nigeria's population is above 170million, who u think say do the work? Na dem o, we r all benefitting from the work they r doing interms of populating our density. |
Re: Lagos Can't Generate VAT And Others Take 50℅ - Ambode by oruma19: 6:12pm On Oct 11, 2017 |
FTrebirth:why is ambode crying? Said baba...one chance APC for life. Hausa Neva show Una pepper. I wonder hownuna for cry if na Una oil dem take de build north |
Re: Lagos Can't Generate VAT And Others Take 50℅ - Ambode by wingmanII: 6:12pm On Oct 11, 2017 |
Stupid Southerners, come and restructure Nigeria Na, Operation crocodile smile and python dance fall on you. |
Re: Lagos Can't Generate VAT And Others Take 50℅ - Ambode by Nobody: 6:15pm On Oct 11, 2017 |
erico2k2:Your academic analogy is very shallow. Let me help fix you; Your information of the 40ft container was incomplete, to begin with. How many units of Tv & Phones have you in the container altogether? Here is it; More than half of the total units of both products STAYS in Lagos while the rest leaves for other destinations. Whatever goods you may decide to import, as a profit- driven & sensible investor, Lagos is considered your major market, and you know why!. Need me say more. |
Re: Lagos Can't Generate VAT And Others Take 50℅ - Ambode by checkolatunji: 6:15pm On Oct 11, 2017 |
Jetleeee: Leave the pig he's just looking for a way to have a peace of mind cos he's totally frustrated 3 Likes |
Re: Lagos Can't Generate VAT And Others Take 50℅ - Ambode by aribisala0(m): 6:18pm On Oct 11, 2017 |
SalamRushdie:this is where ego takes over you do not know me and will not know me let us agree that you have remitted more VAT than me.How is that relevant? Why calling me an idiot ? If you want to talk about VAT do so and if you want to start abusing y I am at home for you. VAT is not a one off/ If Value is added to the same goods then additional VAT is payable When they are taken outside lagos. The fact that VAT is paid on Juice bought in Lagos does not mean no VAT is paid when it is served cold in a hotel in Abuja. Why is it that Abuja is at the top of VAT generating regions? Do people go there too to buy goods to distribute across Nigeria? Those goods bought in Lagos have VAT charged on them up to that stage of processing or Value addition. The VAT law is clear VAT is borne by tthe End user. Foreigners come to Nigeria and pay VAT too So what ?? We don't rebate the VAT to them and it is attributable to where they purchase 3 Likes 1 Share |
Re: Lagos Can't Generate VAT And Others Take 50℅ - Ambode by erico2k2(m): 6:19pm On Oct 11, 2017 |
TimeMod3:Why are you deliberately being daft, I said I carry my 40ft container straight to PHC which is the case most times, I never said I opened the container in Lagos, I said carried whole container to a warehouse in PHC and from there sell content at wholesale .It is a simple question. 1 Like |
Re: Lagos Can't Generate VAT And Others Take 50℅ - Ambode by mankand(m): 6:21pm On Oct 11, 2017 |
ColonelDrake: No mind those morons. They are hell bent in defending the parasitic unitary system 4 Likes 1 Share |
Re: Lagos Can't Generate VAT And Others Take 50℅ - Ambode by seguno2: 6:24pm On Oct 11, 2017 |
hola106: Why should any reasonable taxpayer in Lagos keep quiet about stealing, corruption and misplaced priorities? Is it that you are not a taxpayer or you are not reasonable or both? saints2: |
Re: Lagos Can't Generate VAT And Others Take 50℅ - Ambode by SalamRushdie: 6:26pm On Oct 11, 2017 |
aribisala0: Sorry about that ..I have fixed my post ..I should learn not insult |
Re: Lagos Can't Generate VAT And Others Take 50℅ - Ambode by aribisala0(m): 6:27pm On Oct 11, 2017 |
Lagos generates 55% VAT Abuja generates 20% Rivers 6% and Kano 5% we are to believe this is due to imports? Who is importing through Kano and Abuja? 2 Likes |
Re: Lagos Can't Generate VAT And Others Take 50℅ - Ambode by naijalo: 6:28pm On Oct 11, 2017 |
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