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Industrialist Cautions Govt On Proposed VAT Rate Hike

The Managing Director of NISPO Porcelain Company Limited, Mr. Afam Ukatu, has advised the fiscal authorities to suspend the proposed Value Added Tax (VAT) hike and to frontally tackle the problem of multiple taxation in order to prevent many manufacturing companies’ collapse. Ukatu, who commented on the incidence of the multiplicity of taxes in the country […]