PEDABO TAX BULLETIN, JUNE 2015
June 1, 2015
Tax Appeal Tribunal Nullifies VAT on Imported Services.
Re: Gazprom Oil and Gas Ltd. V. FIRS
The Tax Appeal Tribunal (TAT) sitting in Abuja has ruled that services rendered by non-resident companies to Nigerian companies are not liable to VAT, except the services were performed in Nigeria or VAT is included in their invoices to their Nigerian clients.
The judgment was made on a matter brought before the TAT by Gazprom Oil and Gas Limited, against the Federal Inland Revenue Service (FIRS), over a VAT assessment on payments made to some of its foreign based consultants for consulting and research services.