Breaking NewsBusinessNewsNiaja News

E-invoicing: NRS sets July 31 deadline for compliance

By Providence Ayanfeoluwa

The Nigeria Revenue Service, NRS, has set July 31, 2026, as the deadline for all large taxpayers to fully adopt the national e-invoicing and Electronic Fiscal System (EFS).

This follows a public notice issued by the NRS on February 17, 2026, on the implementation timeline and the mandatory adoption of the national e-invoicing and EFS, otherwise known as the Merchant Buyer Solution (MBS).

In the public notice, the Chairman of the NRS, Zacch Adedeji, informed all large taxpayers of the need to complete the onboarding, integration, testing, and commencement of invoice transmission to the NRS e-invoicing platform in accordance with the prescribed implementation framework.

According to the statement made available by the Special Adviser on Media to the Chairman, Dare Adekanmbi: “The NRS has already commenced compliance monitoring activities to assess the level of adherence to the e-invoicing mandate among large taxpayers.

“Consequently, any defaulting member may be subjected to appropriate regulatory and enforcement actions in accordance with the provisions of the relevant tax laws and regulations.

“Affected taxpayers are, therefore, advised to urgently conclude all outstanding onboarding and integration activities and commence invoice transmission before the compliance deadline.

“The NRS appreciates the cooperation of taxpayers and remains committed to providing the necessary support to ensure the successful implementation of the national e-invoicing regime,” the notice said.

Large taxpayers are companies with a gross turnover of N5 billion and above. As of the first quarter of this year, over 1,000 companies had complied.

Compliance with the e-invoicing and Electronic Fiscal System covers the completion of onboarding on the NRS’s MBS and successful integration of taxpayer systems through approved Access Point Providers (APPs) and/or Systems Integrators (SIs).

Other requirements include the completion of all required validation and testing activities; active transmission of invoices to the NRS e-invoicing platform in line with approved standards and guidelines; and ensuring the receipt of only compliant e-invoices with valid Invoice Reference Numbers (RINs) from suppliers.

The post E-invoicing: NRS sets July 31 deadline for compliance appeared first on Vanguard News.

Leave a Reply

Your email address will not be published. Required fields are marked *