Latest News Taxation

FG Approves New Excise Duty Regime For Alcoholic Beverages, Tobacco

The Minister of Finance, Mrs. Kemi Adeosun, today disclosed that President Muhammadu Buhari had approved an amendment to the excise duty rates for alcoholic beverages and tobacco effective from 4th June, this year. The regime also granted a grace period of 90 days to all manufacturers before the commencement of the new excise duty regime. […]