If I’m into provision of chicken and other food item for sale, am I also exempted from paying VAT
If my business is yet to be registered, must I register it before doing TIN or I have to do tin first?
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Basic food items are exempt from the application of VAT in Nigeria. Also please note that if the revenue of your business is below N25m annually, you are exempt from filing VAT returns.
You must first register a business with the CAC before you are able to apply for/be allocated a TIN.
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