FG eliminates VAT on cooking Gas, Diesel, and other products

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FG eliminates VAT on cooking Gas, Diesel, and other products …C0NTINUE READING HERE >>>

Value Added Tax (VAT) will no longer apply to cooking gas and diesel, among other products, according to announcements from the federal government.

As he unveiled two significant tax breaks on Wednesday, Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, revealed the development.

In a statement, Mohammed Manga, the Ministry of Finance’s Director of Information and Public Relations, stated that the incentives are meant to stimulate the country’s oil and gas industry.

Gas Plant

The incentives include value-added tax (VAT) modification order 2024 and notice of…

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