Plus234Feed

NRS Sets July 31 Deadline for E-Invoicing Compliance

NRS Sets July 31 Deadline for E-Invoicing Compliance

The Nigeria Revenue Service (NRS) has announced a deadline of July 31 for large taxpayers to completely adopt the national e-invoicing electronic fiscal system. This warning was issued by NRS Chairman Dare Adekanmbi and follows a previous public notice released on February 17, 2026, outlining the implementation timeline.

The e-invoicing system is mandatory for companies with an annual gross turnover of N5 billion and above. The NRS has begun monitoring compliance among affected companies and has stated that those failing to meet the requirements may face regulatory enforcement actions as per existing tax laws.

The agency emphasizes the importance of completing the onboarding process and commencing invoice transmission without delay. The e-invoicing initiative is part of a broader effort to modernize tax administration, improve transparency in commercial transactions, enhance compliance monitoring, and strengthen revenue collection.

The NRS has already seen 1,000 companies comply with the e-invoicing requirements.

Plus234Feed summary based on reporting from Punch Newspapers. Read the original report below.

Read full article

Continue on Punch Newspapers

Visit
Share