Four Companies sealed over debt of N630M of Non-Compliance of Tax -FIRS

Four different agencies in both Lagos and Port Harcourt have been sealed by the FIRS over tax debts amount to N630million.

The press statement issued by the tax agency on Monday, July 17, 2017 indicate that the default companies include Charcoal and Spices Restaurant Limited, GRA, Port Harcourt, and Cioscon Nigerian Limited at 14 Aba Road, Port Harcourt.

"The FIRS enforcement team lead, Anita Erinne, sealed both companies after showing a warrant of distraint to officials of the company.

"Charcoal and Spices Restaurant Limited owes N12,388,979.50 tax debt while Cioscon Nigerian Ltd has a tax liability amounting to N479,203,464.43 from 2014 to 2016 which the firms have dubiously failed to make remittance to the Tax agency.

The statement further revealed that in Lagos, the enforcement team of the FIRS sealed Joza Global Service situated at 18, Ribadu Road, Ikoyi, Lagos over a tax debt of over N30.6 million.

The FIRS team also sealed-off Spog Petrochemicals Limited situated at 50d, Glover Road, Ikoyi, Lagos over a tax debt of N105.5 million.

There are several other companies that the FIRS sealed off there premises last week due to non - compliance of tax order . The affected Tax-owing companies was located in Abuja and the firms includes an educational facility, Fanaks International Schools in the Asokoro area of the federal capital. The school was owing a total of N976,133.57 in Company Income Tax (CIT), Education Tax (EDT) and Withholding Tax (WHT) respective.

However, the enforcement team lead, Anita Erinne assures the affected firms that the companies’ premises will be unsealed when they make the necessary remittance of their outstanding tax bills to the FIRS.

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