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Start FIRS to Commence Automation of VAT Filing & Collection from 1 April 2020

4 years ago

ID: #250826

Listed In : Accounting

Business Description

The Federal Inland Revenue Services or FIRS had published a notice for those where it has expressed Intention to go for automation of VAT or value-added tax collection system. This has been done for branded establishments Or according to the notification of shops, supermarkets, restaurants, etc. will be the new VAT platform approval method To file a return. It will be effective from 1 April 2020.

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