
7.5% VAT: Buhari Govt Lists Exempted Goods, Services
The President Muhammadu Buhari-led government has revealed goods and services exempted from the Value Added Tax, VAT increase.
According to the details sent to NAN on Sunday from the office of the Vice President, Prof. Yemi Osinbajo, several basic food items, locally manufactured sanitary towels, pads and tuition relating to nursery, primary, secondary and tertiary education have been added to the exemption list of goods and services on the VAT.
It said that this is in a bid to ensure that the cost of living does not rise for Nigerians because of the changes in the VAT.
VAT under the