VAT

Leaving VAT on concurrent list worrisome — OPS

Leaving VAT on concurrent list worrisome — OPS

The Organised Private Sector, OPS, has said the federal and state governments, businesses and consumers will bear the brunt of the new Value Added Tax, VAT, regime, following last week’s rejection by the National Assembly, NASS, to place VAT on Exclusive Legislative List, in the ongoing amendment of the 1999 Constitution.