President Mohammadu Buhari, on the recommendation of the Tariff Technical Committee of the Ministry of Finance, has approved an increase to the excise duties on tobacco and alcoholic beverages effective from 4 June 2018.

The increase would be introduced in phases over a 3-year period from 2018 to 2020 to moderate the impact of the increment on the price of the products.

Read our alert for more:

Download PwC Tax Alert_FG increases excise duties on alcohol and tobacco__March2018

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