Section 27: The amount of GST that a taxable person shall remit to the

National Revenue Authority for a tax period is a net amount calculated according to the following formula:– A-B where– A is the total output tax accountable by the person in relation to the period; and B is the total input tax credits allowed to the person under sections 22, 23, 29, 30 and 41 in respect of that tax period. PART VII––INPUT TAX CREDITS