• news
• ad valorem tax, Carbonated soft drinks, Excise tax, Manufacturers Association of Nigeria
• 22nd December 2022

The carbonated soft drinks sub-sector of the Manufacturers Association of Nigeria MAN have raised a discomforting alarm over the Federal Government’s proposed 20 per cent Ad-valorem Excise Tax on Non-Alcoholic Beverages which covers the widely consumed Carbonated Soft Drinks CSD segment. The sectoral group heads rising from a meeting on Thursday 17th November 2022 in Lagos, posited that such a move …