Coy sues FIRS for alleged arbitrary tax assessment

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Abuja – Systems Applications Products Nig. Ltd. on Thursday sued the Federal Inland Revenue Service (FIRS) before the Tax Appeal Tribunal alleging arbitrary tax assessment.

Whatapp NewsTelegram News

The suit, which came up before the tribunal sitting in Abuja, the Lagos based company said it was dissatisfied with the FIRS assessments of its Withholding Tax (WHT) and Value Added Tax (VAT) for 2011 and 2012.

Specifically, the company said it was dissatisfied with a notice by the FIRS refusing to amend the over N697 million taxes it imposed on it for the period of 2011 and 2012.[pro_ad_display_adzone id=”70560″]

It sought the order of the court to declare as illegal and arbitrary the FIRS tax assessment for the period.

The appellant also asked the court to declare that it is not liable to pay the additional tax liabilities.

In its reply, FIRS said the additional tax liabilities for 2011 and 2012 were “justifiable, not arbitrary and in consistent with the provisions of CITA Cap 21’’.

The FIRS claimed that the additional VAT liabilities raised on the appellant for 2011 and 2012 assessment year was based on the contract payment from their various clients as contained in the appellants 2011 and 2012 turn over.

It therefore prayed the tribunal to declare the said additional tax assessment issued to the appellant as valid and in accordance with CITA Cap C21.

Meanwhile, the tribunal presided over by Hon. Nnamdi Ibegbu (SAN) has adjourned till Dec.2 for hearing in the appeal (NAN)


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