Lagos- The Nigerian Customs Service (NCS) says it has started implementing
the 35 percent duty on imported vehicles as directed by the Federal Government
In a statement signed by the Tin
Island Command’s Public Relations Officer, Chris Osunkwo, the command said that
Fully Built Unit (FBU) cars under H.S. code 87.03 would also attract a levy of
The command, however, said that vehicles whose bill of lading was dated not
later than March 31 and arrived before June 30 would attract the old duty.
It said that such duty would be irrespective of the date of opening of “Form
M” and letter of credit.
According to the command, used vehicles will be imported at 35 percent duty
rate without levy till June 30.
It said that fully built commercial vehicle falling under H.S Code 87.02,
87.04, 87.05, 87.06, 87.07, 87.16 would attract 35 per cent duty without levy.
However, Chuks Kanikwu, General Secretary, Association of Nigerian Licensed
Customs Agents, vowed to continue to protest the sudden implementation of the
“Because of the sudden implementation, most clearing agents have run into
debt because there is usually a contractual agreement between an importer and
“The clearing agents had already entered into this agreement with the hope
that the implementation of the tariff will start on July 1.
“If an agent returns to the importer to ask for additional money, the agent
will become a liar and this is not good for business,’’ Kanikwu said.
Kanikwu said ANLCA members were sad over the sudden implementation of the
He urged the Federal Government to re-examine its National Automotive
Policy, which occasioned the increase in the duty, pending when car assembly
plants were in place.
For the latest on national news, politics, sport, entertainment and more follow us on Twitter and like our Facebook page.