PRODUCE SALES TAX LAW OF LAGOS STATE

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LIST OF LAWS OF LAGOS, [ALPHABETICAL]  
A- C G – K M – I R – T
D – F L – L P – P U – Z

PRODUCE SALES TAX LAW

ARRANGEMENT OF SECTIONS

PART 1 – Imposition of the Tax

1.         Produce sales tax imposed.   

2.         Variation of tax.         

3.         Provisions applicable to charge, collection and recovery of tax.      

PART 2 – Sales of Marketed Produce

4.         Chargeable sales of marketed produce.      

5.         Accountability for tax.

6.         Commodity Board accountable for tax.       

7.         Licensed buying agents to supply information.         

8.        Offences.        

9.        Power to make regulations.  

PART 3 – Sales of Other Chargeable Produce

10.     Chargeable sales and accountability.          

11.     Registration of buyers of produce.     

12.     Returns.           

13.     Secrecy.          

14.     Determination of tax. 

15.     Objection to determination.  

16.     Appeal to judge.        

17.     Irregularities, etc., not to affect validity.        

18.     Collection of taxes unaffected by pending appeals.

19.     Liability for payment of tax collected.           

20.     Summary proceedings without action.         

21.     Bond deposit. 

22.     Powers of inspection. 

23.     Search warrant.  

24.     Failure to answer questions or produce for inspection an offence        

24.     Failure to collect or account for tax. 

25.     Failure to make returns, etc.  

26.     Failure to register.       

27.     Regulations.    

PART 4 – Miscellaneous

28.     Evasion of tax.

29.     Refunds.          

30.     Recovery of tax.         

31.     General powers of Board.      

32.     Citation.         

33.     Interpretation.

Schedule    

SUBSIDIARY LEGISLATION : PRODUCE 

SALES TAX (UNMARKETED PRODUCE) REGULATIONS W.R.L. 1959, IV, 477.     

PRODUCE SALES TAX LAW [1972 No. 1]

A Law to impose a tax upon the sale of produce and to make provisions for the collection and recovery thereof and for purposes connected therewith.

[W.R.L. 1959. Cap. 99. W.N. 1 of 1961. W.N. 20 of 1961. 1972 No. 19.]

[Commencement.]                                                [1st April, 1957]

PART 1 – Imposition of the Tax

1.   Produce sales tax imposed

A tax, to be called produce sales tax, shall be charged in the Lagos State, subject to and in accordance with the provisions of this Law, on all chargeable sales of the produce mentioned in the first column of the Schedule at the rates specified in the second column of the Schedule.

2.   Variation of tax

(1)     The Executive Council may from time to time vary the provisions of the Schedule by resolution ordering—

(a)     that tax shall cease to be chargeable in respect of sales of any produce in respect of which it is for the time being chargeable; or

(b)     that tax shall be chargeable in respect of sales of produce in respect of which it is not for the time being chargeable and that such produce shall be included in Part 1 or Part 2 of the Schedule as the case may be; or

(c)     that an increased or reduced rate of tax shall be substituted as the rate of tax in respect of the sale of any produce in respect of which it is for the time being chargeable; or

(d)     that any produce in respect of whose sale tax is for the time being chargeable shall, if chargeable under Part 1 of the Schedule, be chargeable under Part 2 thereof, or, if chargeable under Part 2 of the Schedule, be chargeable under Part 1 thereof.

(2)     A resolution passed by the Executive Council in exercise of the powers conferred by subsection (1) of this section shall be published in the State Gazette and shall have effect upon such publication or from such date after publication as may be specified in the resolution.

3.   Provisions applicable to charge, collection and recovery of tax

(1)     Tax imposed on sales of marketed produce in accordance with the provisions of this Part shall be charged, collected and recovered in accordance with the provisions of Part 3.

(2)     Tax imposed on sales of produce, other than marketed produce, in accordance with the provisions of this Part shall be charged, collected and recovered in accordance with the provisions of Part 4.

PART 2 – Sales of Marketed Produce

4.   Chargeable sales of marketed produce

(1)     Every sale to the Commodity Board of marketed produce shall be a chargeable sale.

(2)     For the purposes of this section—

(a)     a sale of produce to a licensed buying agent shall be deemed to be a sale to the Commodity Board;

(b)     a resale to the Commodity Board by a licensed buying agent of produce deemed by paragraph (a) of this subsection to have been sold to the Commodity Board shall not be subject to tax.

5.   Accountability for tax

The tax chargeable in respect of a chargeable sale to the Commodity Board shall be payable by the seller, shall be deemed to be due upon payment to him of the purchase price, and shall be collected in the manner provided in section 8.

6.   Commodity Board accountable for tax

(1)     The price payable by or on behalf of the Commodity Board upon purchase from a seller under a chargeable sale shall be the price prescribed under the Commodity Board reduced by the amount of tax at the rate in force at the time of purchase.

[L.F.N. Cap. 58.]

(2)     The Commodity Board shall be accountable for the tax in respect of chargeable sales in the manner prescribed by regulations made under section 11.

7.   Licensed buying agents to supply information

(1)     A licensed buying agent shall furnish to the Commodity Board within such time and in such form as it may require such information relating to chargeable sales to such licensed buying agent as the Commodity Board may specify and shall, upon demand by the Commodity Board, produce any book or account relating thereto at such time and place as the Commodity Board may require.

(2)     A licensed buying agent who fails to comply with any requirement of the Commodity Board lawfully made under this section shall be liable to a penalty of one hundred naira.

(3)     A penalty incurred under subsection (2) of this section may be sued for, enforced and recovered by suit or other appropriate civil proceedings in a magistrate’s court, which court is hereby invested with the necessary jurisdiction for the purpose, by the Attorney-General of the Lagos State and all such proceedings shall be deemed to be civil proceedings and the ordinary civil procedure applying in such court shall apply thereto.

8.   Offences

If any person—

(a)     in relation to any requirement of the board under subsection (1) of section 9 knowingly furnishes any statement information or report which is false in any material particular, or recklessly makes a statement which is false in any material particular; or

(b)     with intent to deceive, for the purpose of section 9 produces, furnishes or makes use of any book, account or other document which is false in a material particular,

he shall be guilty of an offence and shall be liable on conviction to imprisonment for six months or to a fine of one hundred naira or to both such imprisonment and fine.

9.       Power to make regulations

The Executive Council may make regulations for all or any of the following purposes—

(a)     for requiring the Commodity Board to make returns of the amounts of tax for which they are accountable, in respect of such period, in such form and containing particulars with respect to such matters as it may prescribe;

(b)     for requiring the Commodity Board to pay the amounts of tax appearing by the return to be due from them at such times as it may prescribe.

PART 3 – Sales of other Chargeable Produce

10.   Chargeable sales and accountability

(1)     Every sale within the Lagos State of any produce specified in Part 2 of the Schedule to a person required by subsection (1) of section 13 to be registered in respect of that produce shall be a chargeable sale.

[W.N. 1 of 1961.]

(2)     The tax shall be paid by the seller at the time of delivery of the produce sold.

(3)     The tax shall be collected, accounted for and remitted to the Board by the purchaser within such time and in such manner as may be prescribed.

11.   Registration of buyers of produce

(1)     Subject to the provisions of this section, every person whose business includes the buying of any produce specified in Part 2 of the Schedule for the purposes of resale shall be registered buyer of that produce:

[W.N. 1 of 1961.]

Provided that a person shall not be required to be registered by reason of his carrying on such business if his annual gross takings from his sales of chargeable produce do not on the average exceed such sum as may be prescribed in respect of that produce or, in the case of a business recently commenced, are unlikely to do so.

(2)     Every person carrying on business in such circumstances that he is required under subsection (1) of this section to be registered under this Part shall make an application in the prescribed form to the Board to be registered—

(a)     if he is carrying on business at the date when the sale of any produce becomes chargeable by or under the provisions of this Law, within ninety days of that date; or

(b)     if he begins to carry on business in such circumstances that he is required to be registered or if the circumstances of a business carried on by him become such that he is required to be registered after the sale of any produce becomes chargeable by or under the provisions of this Law, within fourteen days of his commencing to carry on such business, or when the circumstances of his business become such as aforesaid, as the case may be.

(3)     The Board shall register every person who is required by this Part to be registered (whether or not application is made by such person) and shall on his registration issue to him a certificate thereof.

(4)     Where a person who is registered ceases to be required by this Part to be registered the Board shall cancel his registration.

(5)     The Board shall give notice to every person registered otherwise than in accordance with an application made by him, and to every person whose registration is cancelled, of such registration or cancellation, as the case may be.

12.   Returns

Every person required by this Part to be registered shall make such return to the Board and keep such records as may be prescribed.

[W.N. 1 of 1961.]

13.   Secrecy

Returns made under this Law or any regulations shall be available only to the Board and persons authorised by it and for the purposes of this Law.

[W.N. 1 of 1961.]

14.   Determination of tax

(1)     When a person accountable for tax having bought chargeable produce to which this Part applies fails to make a return or remittance as required by or under this Law, or if his returns are not substantiated by records, the Board may make an estimate of the amount of the tax collected by such person for which he has not accounted, and such estimated amount shall thereupon be deemed to be the tax collected by that person, and he shall pay that amount to the government and the Board may give notice in writing either by post or by serving such person, his heirs, administrators, executors or assigns, requiring that such estimated amount shall be paid over to the Board or otherwise accounted for within thirty days from the date the notice is mailed or served.

[W.N. 1 of 1961.]

(2)     Proof that notice under subsection (1) of this section has been given shall constitute prima facie evidence that the amount stated therein is due and owing, and the onus of proving otherwise shall rest on the person accountable for tax.

15.   Objection to determination

(1)     If a person disputes liability for the amount stated in the notice as provided in subsection (1) of section 16, or if he disputes an assessment made under subsection (2) of section 24, he may personally or by his agent, within sixty days after receipt of the notice or assessment, serve notice of objection upon the Board.

[W.N. 1 of 1961.]

(2)     The notice of objection shall be in writing and shall be addressed to the Board.

(3)     The notice shall set out clearly the reasons for the objection and all facts relative thereto.

(4)     Upon receipt the notice of the Board shall duly consider the matter and affirm or amend the estimate or assessment and forthwith notify the appellant of its decision.

16.   Appeal to Judge

(1)     If a person who has objected is dissatisfied with the decision of the Board, he may appear here from to a judge of the High Court.

[W.N. 1 of 1961.]

(2)     The appellant shall, within sixty days from the date of the giving of the notice of the decision complained of, serve upon the Board a written notice of his intention to appeal which notice shall be signed by the appellant or by his solicitor or agent, and shall set forth the grounds of the appeal; and the appellant shall file a copy of the notice in the office of the registrar of the court. Within fourteen days after the service upon the Board of the notice of appeal, the appellant shall apply to the judge for the appointment of a day for the hearing of the appeal, and shall serve upon the Board not less than fourteen days before the hearing a written notice of the day appointed for the hearing.

(3)     The judge shall hear the appeal and the evidence adduced before him by the appellant and the Board, and shall decide the matter of the appeal. Upon request made to the judge by any party to the appeal, the hearing may be held in camera.

(4)     The Board shall cause to be produced before the judge on the hearing of the appeal all papers and documents in its possession affecting the matter of the appeal.

[W.N. 1 of 1961.]

(5)     The costs of the appeal shall be in the discretion of the judge, and he may make an order respecting them in favour of or against the Government, and may fix the amount thereof.

(6)     The Chief Judge of Lagos State may make rules with respect to the practice and procedure of the court on the hearing of appeals under this section.

17.   Irregularities, etc., not to affect validity

Any estimate made by the Board under section 16 shall not be varied or disallowed because of any irregularity informality, omission, or error on the part of any person in the observation of any directory provision of this Part or the regulations made hereunder.

[W.N. 1 of 1961.]

18.   Collection of taxes unaffected by pending appeals

Neither the giving of a notice of objection nor of appeal by any person nor any delay in the hearing of an objection or an appeal shall in any way affect the due date of, or liability for, payment provided under this Part in respect of any tax due and payable or that has been collected on behalf of the Government that is the subject-matter of the objection or appeal or in any way delay the collection of the same; but in the event of the estimate of the Board being set aside or reduced on appeal, the Board shall refund the amount or excess amount of tax which has been paid or collected on behalf of the Government.

[W.N. 1 of 1961.]

19.   Liability for payment of tax collected

Every person who collects any tax under this Part shall be deemed to hold the same in trust for the Government and for the payment over of the same in the manner and at the time provided under this Part; and the amount due shall, until paid, form a lien and charge of the entire assets of his estate in the hands of any trustee, having priority over all other claims of any person.

20.   Summary proceedings without action

Where default is made in the payment of any tax that is due and payable under this Part or that has been collected or any part thereof, the chairman of the Board or any person duly authorised by the Board may issue a certificate stating the amount so due, the amount thereof remaining unpaid, and the name of the person by whom it is payable, and may file the certificate with any district registrar of the High Court, or with the registrar of any magistrate’s court, and when so filed the certificate shall be of the same force and effect, and all proceedings may be taken thereon, as if it were a judgment of the court for the recovery of a debt of the amount stated in the certificate against the person named therein.

[W.N. 1 of 1961. W.N. 20 of 1961.]

21.   Bond deposit

(1)     Where a person accountable for tax has failed to collect or to remit tax in accordance with the provisions made by or under this Part, the Board may require him to deposit with the Board a bond by way of cash or other security satisfactory to the Board. The amount of the bond shall be determined by the Board, but shall not be greater than an amount equal to six times the sum or the estimated sum of tax that would normally be collected by the person each month under this Law.

(2)     Where a person who has deposited a bond has failed to collect or to remit tax in accordance with provisions made by or under this Part, the Board may, by giving written notice to the person, apply the bond in whole or in part to the amount which should have been collected, remitted, or paid by that person as the amount due to the Government as of the date of the notice.

22.   Powers of inspection

(1)     Any person appointed by the Board may enter at any reasonable time the business premises occupied by any person, or the premises where his records are kept, to determine whether this Part and the regulations are being and have been complied with, or to inspect, audit, and examine books of account, records, or documents, or to ascertain the quantities of produce whose sale is chargeable under this Part which have been bought by him or are in his possession, and the person occupying the premises shall answer all questions pertaining to these matters, and shall produce such books of account, records or documents as may be required.

(2)     Where it appears from the inspection, audit, or examination of the books of account, records, or documents that this Part or the regulations have not been complied with, the person making the inspection, audit, or examination shall calculate the tax collected or due in such manner and form and by such procedure as the Board may deem adequate and expedient, and the Board shall assess the person for the amount of tax so calculated, but the person so assessed may object or appeal against the amount of the assessment under sections 17 and 18.

23.   Search warrant

(1)     Any magistrate who is satisfied by information upon oath that there is reasonable ground for believing that any person has in his possession produce whose sale is chargeable under this Part in respect of which the tax payable has not been paid may at any time issue a warrant under his hand authorising any person appointed by the Board named therein to enter and search any building, receptacle, or place where such chargeable produce is believed to be situate, and to make such inquiries as are deemed necessary; and such person shall produce for inspection by the person named in the warrant any chargeable produce in his possession and answer any questions relating thereto.

[W.N. 1 of 1961.]

24.     Failure to answer questions or produce for inspection an offence

(2)     Any person who refuses to answer any questions put to him under subsection (1) of this section respecting the chargeable produce kept on hand on the premises, or who fails to produce for inspection any books of account, records, or documents, or any parcel, box, carton, barrel, tank, or other receptacle in his possession or under his control, that he is required to produce for purposes of inspection, shall be guilty of an offence and liable on conviction to a fine of one hundred naira or imprisonment for six months or both such fine and imprisonment.

25.   Failure to collect or account for tax

(1)     Any person accountable for tax under this Part who fails to collect and account for the same shall be guilty of an offence and liable on conviction to a fine equal to the amount of the tax that should have been collected and in addition to a fine of one hundred naira and in default of payment to imprisonment for six months.

(2)     A certificate under the hand of the chairman of the Board or of any person duly authorised by the Board stating the amount of tax in default shall, for the purpose of subsection of this section, be conclusive as to the amount of tax that should have been collected.

[W.N. 1 of 1961. W.N. 20 of 1961.]

26.     Failure to make returns, etc.

Any person who—

(a)     fails or neglects to furnish any returns or information or to comply with any requirements of the Board as and when required by this Part or the regulations thereunder; or

(b)     makes or delivers a return which is false in any material particular,

shall be guilty of an offence and liable on conviction to a fine of one hundred naira or imprisonment for six months or to both such fine and imprisonment.

27.   Failure to register

Any person required by section 13 to become registered who fails within the time specified by that section to become registered shall be guilty of an offence and liable on conviction to a fine of twenty naira for each day during which he failed to become registered.

28.   Regulations

The Executive Council may make regulations providing for any matter for which provision appears to it to be necessary for the purpose of giving effect to the provisions of this Part and in particular and without prejudice to the generality of the foregoing—

(a)     prescribing, in respect of any chargeable produce to which this Part applies, amounts for the purposes of subsection (1) of section 13;

(b)     prohibiting the sale of any chargeable produce to which this Part applies to a person required to be registered under this Part except in such places as may be prescribed;

(c)     prohibiting the purchase of any chargeable produce to which this Part applies by persons other than persons registered under this Part, either generally or in any specified circumstances or in respect of amounts of produce exceeding, in quantity or value, such amount as may be prescribed;

(d)     requiring the issue of invoices or similar documents in respect of chargeable sales of produce to which this Part applies and prescribing the particulars to be included therein;

(e)     imposing upon persons who appear to the Board to be carrying on a business which includes the buying of produce to which this Part applies the duty to furnish within such period as may be prescribed information in the prescribed form for determining weather such persons ought to be registered;

[W.N. 1 of 1961.]

(f)     requiring persons registered under this part to keep such accounts and records and to make such returns of sales to or by them of produce to which this Part applies and of the amounts of tax for which they are accountable, in respect of such periods, in such form and containing such particulars as may be prescribed, and to pay the amounts of tax appearing by the returns to be due from them at such times as may be prescribed;

(g)    requiring any persons concerned in the exportation of produce to which this Part applies to furnish to the Board within such time as may be prescribed such information relating to the export of such goods as may be prescribed;

[W.N. 1 of 1961.]

(h)     prescribing the conditions upon which a refund of tax may be made in respect of the chargeable sale of produce subsequent to an original chargeable sale of the same produce;

(i)      prescribing anything which by this Part is authorised or required to be prescribed.

PART 5 – Miscellaneous

29.   Evasion of tax

Any person who wilfully attempts in any manner to evade or defeat tax shall be guilty of an offence and liable on conviction to imprisonment for one year.

30.   Refunds

(1)     A deduction or refund of tax may be authorised by the Board—

[W.N. 1 of 1961.]

(a)     where an overpayment has been made by the tax-payer;

(b)     where the tax was paid in error;

(c)     subject to such conditions as may be prescribed, in the case of tax upon sales to which Part 4 applies, where the Board is satisfied that the same produce has been the subject of an original chargeable sale and a subsequent chargeable sale.

(2)     No refund or deduction of tax shall be paid unless application is made therefor in writing by the person entitled thereto within six months of the time when the refunds deduction could first be claimed.

31.     Recovery of tax

Subject to the provisions of this Law, tax may be sued for and recovered in a court of competent jurisdiction by action as for a debt due to the Government.

32.   General powers of Board

For the avoidance of doubt, it is hereby declared that for the purpose of discharging its functions under this Law the Board shall have the powers vested in it by subsections (2), (3) and (4) of section 4 and by section 5 of the Personal Income Tax Law.

[W.N. 1 of 1961. Cap. P4.]

33.   Interpretation

In this Law unless the context otherwise requires—

[W.N. 1 of 1961.]

the Board” means the Lagos State Internal Revenue Board established under the Personal Income Tax Law;

[Cap. P4.]

chargeable produce” means produce whose sale is subject to tax;

chargeable sale” means a sale subject to tax;

Commodity Board” means the Commodity Board established by the Commodity Boards Act;

[L.F.N. Cap. 58.]

licensed buying agent” means a buying agent in possession of valid licence granted by the Commodity Board under the Commodity Boards Act;

[L.F.N. Cap. 58.]

marketed produce” means produce for the time being included in Part 1 of the Schedule;

prescribed” in relation to marketed produce means prescribed by regulations made under section 11, and, in relation to other chargeable produce, prescribed by regulations made under section 29;

produce” means any product of agriculture, horticulture or silviculture;

resale” includes resale outside the Lagos State;

sale” means any contract which is a contract of sale within the meaning of the Sale of Goods Law, and also a contract similar to such contract in other respects but made for a consideration wholly or partly in money’s worth and not, or not only, in money, and includes any transaction, in whatsoever form expressed, in so far as its effect is in substance the same as the effect of such a contract as aforesaid, and reference to goods being bought includes, in relation to a purchase made for a consideration not, or not only, in money, and in relation to any such transaction as aforesaid, references to goods being acquired in any manner;

[Cap. S2.]

tax” means the produce sales tax imposed by or under this Law.

34.   Citation

This Law may be cited as the Produce Sales Tax Law.

Schedule

[1972 No. 19.]

PART 1

Produce                          Rate of Tax     

                             N       k      

Cocoa                             8        00      per ton    

Palm Kernels                   2        00      per ton    

Palm Oil                          2        00      per ton    

Copra                              2        00 per ton    

PART 2 –

Produce                          Rate of Tax     

          N       k      

Rubber                            0        1        for every 4 lbs        

[1979 No. 19.] 

*The measurements used in this Schedule are English measurements, and they may be converted into metric measurements as and when required.          

SUBSIDIARY LEGISLATION 

List of Subsidiary Legislation

1.         Produce Sales Tax (Unmarketed Produce) Regulations W.R.L. 1959, IV, 477.

The produce sales tax (Unmarketed produce) regulations

[W.R.L. 1959, IV, 477. (section 29).]

[8th August, 1957]                  [Commencement.]

ARRANGEMENT OF REGULATIONS 

1.         Citation          

2.         Interpretation 

3.         Application for registration    

4.         Board may require information          

5.         Certificates     

6.         Exemption from registration   

7.         First returns      

8.         Quarterly returns         

9.         Payment of tax           

10.        Accounts        

11.        Exporters to make returns, etc., if so required

12.        Receipt to be issued   

13.        Calculation of tax      

14.        Penalty           

Schedule                     

PART 1 – General

1.   Citation

These regulations may be cited as the Produce Sales Tax (Unmarketed Produce) Regulations.

2.   Interpretation

In these regulations—

“quarter” means each of the quarterly periods commencing on the first of April, the first of July, the first of October and the first of January in any year.

3.   Application for registration

Applications from persons carrying on business in such circumstances that they are required by subsection (1) of section 13 of the Law to be registered shall be made in the form prescribed by the Board and containing such particulars of the business carried on as the Board may require.

4.   Board may require information

Every person who appears to the Board to be carrying on a business which includes the buying of any produce subject to Part 4 of the Law for resale shall, if required by the Board, furnish such information relating to his business within such time and in such form as it may require for the purposes of determining whether such person ought to be registered.

5.   Certificates

(1)     Every certificate of registration issued under Part 4 of the Law shall be in the form set out in the Schedule.

(2)     A person to whom a certificate is issued shall produce the same on demand to any officer of the Internal Revenue Department of the Lagos State.

PART 2 – Sales of Rubber

6.       Exemption from registration

A person shall not be required to be registered under subsection (1) of section 13 of the Law in respect of rubber if his annual gross takings from his sales thereof do not on the average exceed N800, or, in the case of a business recently commenced, are unlikely to do so.

7.       First returns

Every person required to be registered in respect of rubber shall make a return to the Board in such form as it may require—

(a)     in the case of a person carrying on business at the commencement of the Law, of the stocks of rubber in hand on the first of April, 1957;

            (b)        in the case of a person subsequently commencing to carry on business, of his stocks of rubber in hand at the date of his applying for registration.

8.   Quarterly returns

Every person required to be registered shall within fourteen days after the end of each quarter furnish to the Board, in such form and containing such particulars as the Board may require, a return—

(a)     of the tax for which he is accountable in respect of the quarter;

(b)     of his stocks of rubber in hand at the commencement of the quarter;

(c)     of his purchases during the quarter;

(d)     of the disposal of his stocks of rubber in the quarter;

(e)     of the stocks of rubber in hand at the end of the quarter.

9.   Payment of tax

Every person required to be registered shall at the time of submission of his quarterly returns pay to the nearest Sub- or Local Treasury the amount of tax for the quarter due and shall forward to the Board with his quarterly returns details showing the station where the amount was paid and also the number and date of the Treasury receipt for such payment.

10.   Accounts

Every person required to be registered shall cause to be kept to the satisfaction of the Board books of account, entered up to date, containing full particulars of all-purchases of rubber, stocks of rubber held, and all transactions made in connection with his business dealings in rubber and showing the amounts of tax for which he is accountable.

11.   Exporters to make returns, etc., if so required

Every person concerned in the exportation of rubber shall, if so required by the Board, furnish to the Board in respect of any quarter commencing on or after the first day of April, 1957, a return of rubber shipped by him in that quarter and of the person from whom such rubber was purchased or obtained by the exporter and shall, if so required by the Board, produce to the Board the bills of lading or other documents in his possession relating thereto.

12.   Receipt to be issued

Every person required to be registered shall issue a receipt in respect of any purchases of rubber to the seller thereof in the form prescribed by the Board. The receipt shall show the weight of rubber purchased and the amount of tax collected in respect of the sale.

13.   Calculation of tax

For the purpose of calculating the tax, the weight to be taken shall be the weight of dry rubber sold to the buyer.

14.   Penalty

Any person who contravenes or fails to comply with the requirements of regulation 12 shall be guilty of an offence and liable on conviction to a fine of twenty naira for each such offence.

SCHEDULE

LAGOS STATE OF NIGERIA

PRODUCE SALES TAX LAW

(Chapter P19)

CERTIFICATE OF REGISTRATION 

No.                 

This is to certify that  ………………………………………              

of  ………………………………………

carrying on business as  ………………………………………

has/have been registered as buyer(s) pursuant to section 13 of the Produce Sales Tax Law.           

Issued at  ……………………………………… this ………. day of …………… 20 ………………                   

Lagos State Internal Revenue Board  

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