Sunday, December 22, 2024
HomeNewsRevenue Agency Seals Off Kaduna Electric Company HQ Over N464.5M Tax Liability

Revenue Agency Seals Off Kaduna Electric Company HQ Over N464.5M Tax Liability

- Advertisement -
- Advertisement -
- Advertisement -
- Advertisement -

The Kaduna State Internal Revenue Service (KADIRS) has sealed off the Headquarters of the Kaduna Electric Distribution Company on Ahmadu Bello Way, Kaduna and other offices over N464.5 million tax liability.

 

Also sealed off the company’s Kawo Area Office, NDA Bus Stop, Unguwan Dosa Service Centre, Kawo Service Centre, and other offices located at Asikolaye and Turn Wada in Kaduna metropolis.

 

The Board Secretary and Legal Adviser, KADIRS, Ms. Aysha Mohammed, told newsmen after the exercise, that the offices were sealed for not settling outstanding Pay-As-You-Earn (PAYE) and Withholding Taxes between 2012 and 2018.

See also  Lawyers Boycott Govt Cases, Cripple Judicial Activities in Ebonyi

 

Mohammed explained that apart from withholding tax, Kaduna Electric has been deducting PAYE from staff, but not remitting to KADIRS as required by the law.

 

“We have been discussing with the management of the company since 2019 to pay the outstanding liability, but they refused, as such we had no option than to sealed off the offices. The Headquarters and other sealed offices will remain close until the N464.5 million tax liability is settled.”

See also  JUSUN Strike: Kidnap Kingpin, Evan's Defence Trial Stalled -Lawyer

The Head of Enforcement, Mr. Ado Garba, said the agency have sent seven notices to Kaduna Electric, demanding the settlement of the liability with no response from the company.

“This, therefore, left us with no option than to obtain a Warrant of Authority from the court to seal off the offices. This is in line with Section 104(1) and (4) of the Personal Income Tax Amendment Act 2011 and Section 37 subsection (3) and (4) of the Kaduna State Tax Codification and Consolidation Law, 2020.” he said.

See also  Kwara Community Gets Electricity Supply After 7-Year Blackout
- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular