FIRS: Agency seals off MRS Oil Over N497m tax debt

A representative of the oil firm identified as Samson, however, claimed that the company had cleared its debt.

The Federal Inland Revenue Service (FIRS) has shut down the business operations of  MRS Oil and Gas Company Limited, situated at 2, Tincan Island Road, Apapa, Lagos.

An enforcement team, led by Mrs. Anita Erinne, sealed off the premises of the filling station on Wednesday, August 23, for allegedly defaulting on tax payment.

A representative of the oil firm identified as Samson, however, claimed that the company had cleared its debt.

The FIRS has recently been clamping down on companies who have defaulted in remission tax.

The team also visited Kaplan International College Limited situated at 1, Adeola Odeku Street, Victoria Island,  which was also sealed over a N50.5 million tax liability.

On Tuesday, August 22, the enforcement team sealed off the premises of  Amyn Investment Limited, situated at 21/25 Broad Street, Lagos. The company is said to be owing N12.5 million in tax.

ALSO READ: FIRS collects N778bn in Q1 2017, records 284.3% increase in Stamp Duty

Another company, Floorenzo West Africa Limited, situated at 6, Boyle Street, Lagos, which owes  N310 million, was also visited by the FIRS team.

Also affected are FDHL situated at 9/11, Osborne Terrace House, Udi Street, Osborne Ikoyi, which owes N22.3 million; and  Nadabo Energy Limited, which has a debt profile of N24.9 million.

SOURCE - PULSE.NG posted by Campus94