Reps C’ttee Orders GTBank To Calculate, Remit VAT On Remita Transactions To FG

ABUJA – The House of Representatives Public Accounts Committee (PAC) has directed Guaranty Trust Bank (GTBank) to calculate and remit the Value Added Tax (VAT) on commissions it received from transactions through Remita, the government’s financial gateway, to the Federal Government. The order pertains to transactions conducted between 2015 and 2022. This directive was issued [...]

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