VAT collection: FIRS appeal against Court Judgement

The Federal Inland Revenue Service (FIRS) has appealed a recent judgement of the Federal High Court in Port Harcourt Rivers State on the issue of Value Added Tax (VAT) collection.

The FIRS disclosed this in a statement by its Director, Communications and Liaison Department, Abdullahi Ismaila Ahmad which was made available to CAPITAL POST on Sunday in Abuja.

The statement reads as follows: “This is to inform the general public that the Federal Inland Revenue Service has lodged an appeal against the judgement of the Federal High Court Port Harcourt Judicial Division delivered by Honourable Justice Stephen Pam, in SUIT NO. FHC/PH/CS/149/2020-ATTORNEY GENERAL OF RIVERS STATE v. FEDERAL INLAND REVENUE SERVICE & ANOTHER. We have also sought an injunction pending appeal and a Stay of Execution of the said judgement.

“As the decision is being appealed and in view of the pending applications for injunction and stay of execution which the FIRS has filed in court against the judgement, members of the public are advised to continue complying with the Value Added Tax obligations until the matter is resolved by the appellate courts in order to avoid accruing the consequent penalties and interest for non-compliance.”