Section 125 Nigeria Tax Act 2025

Section 125 of the Nigeria Tax Act 2025 is about Manner of denoting duty. It provides as follows:

(1) Duties payable on any instrument under this Part shall be paid and denoted by any of the following means –
(a) tax stamps ;

(b) a die ;

(c) electronic or digital tagging ;

(d) electronic receipt ;

(e) issuance of certificate ; or
(f) any other means as may be determined by the relevant tax authority.

(2) The Joint Revenue Board may, on the advice of the Nigerian Postal Service and by regulations published in the Official Gazette, determine additional modes of duty denotation under subsection (1) and specify processes and requirements for their application as provided under Chapter Five of the Act.

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