Customs issues 14-day ultimatum to companies to pay excise duty | The Guardian Nigeria News - Nigeria and World News

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 40 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 94%

Business News News

Business Business Latest News,Business Business Headlines

The Nigeria Customs Service (NCS) Lagos Industrial Command on Thursday gave companies not yet registered for payment of excise duty under its command 14-days to comply or face sanctions.

Comptroller Queen Ogbudu of the Lagos Industrial Command said this during a stakeholders’ meeting in Lagos.

“We are advising them to come forward and do the needful because in a short while, we are going to go all out for them and by the time we get them, we will seal their premises and make them to face the wrath of the law. She appreciated the contributions and dedication of the stakeholders, by playing their roles in piloting the affairs of Lagos Industrial command.

“We feel we cannot just wait until you come to the command, even though the command has written to you intimating you of the new policy. “This is the one that concerns us in Lagos Industrial and that is why we are bringing it to your attention,” she said. “But when you cannot lay your hands on it, you have to start afresh by applying for provisional approval before you get your final approval,” she said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Russia, Nigeria PMS subsidies and Petroleum Industry Act | The Guardian Nigeria News - Nigeria and World NewsBy Russia is one the highest suppliers of Naphtha (a critical gasoline blending feedstock) to European refiners and blenders. Naphtha represents about 30% of the components that make up gasoline and Russia supplies about 20% of the world Naphtha consumption.
Source: GuardianNigeria - 🏆 1. / 94 Read more »