How to File VAT on Rev360: The Investigative Guide to Error-Free Submission
The transition to the Rev360 portal has changed the rules for Value Added Tax (VAT) in Nigeria, moving from manual entry to a strict, schedule-based Excel system.
For a complete overview of the portal’s features, read our [Complete Rev360 NRS User Guide].
Failure to understand the new “Product Codes” or manual edits to protected sheets will result in an immediate system rejection.
Our investigative team has decoded the official NRS process to ensure your VAT returns are accepted without a “Desk Review” flag.
The Step-by-Step Rev360 VAT Workflow
1. Initiation and Template Download
Access the Self-Tax Filing menu on your dashboard and select Taxes Due. Locate the earliest VAT liability and click File Now to download the official Excel template.
2. The Sales Sheet & Product Codes
You must enter customer details and sales values exclusive of VAT. The system uses a strict 0-1-2 coding system:
- Code 0: Vatable Items
- Code 1: Exempt Items
- Code 2: Zero-Rated Items
3. Claiming Input VAT (Purchases List)
To claim Input VAT, you must enter the seller’s Tax ID. The Rev360 system will automatically populate these into the C1 Purchases sheet—do not attempt to type these manually.
4. The 100% Rule & Upload
Once your Sales, Purchases, and Adjustments are entered, the VAT Return Form sheet will auto-populate. If the figures look correct, save the file and upload it to the portal.
Expert Warning: Supporting Documents
If you are claiming Input VAT, the NRS now mandates the upload of Purchase Invoices as clear PDF scans. Without these supporting documents, your claim will be disregarded during the 24-hour automated review.
Stuck on Step 3 of the Excel template? Our Compliance Desk can handle the filing for you. [Chat with a Compliance Officer on WhatsApp] or [Request a Professional Consultation]
While filing your VAT is a monthly requirement, don’t forget that your annual [Company Income Tax (CIT) filing on Rev360] is also mandatory.
