Vehicle dealers in the country will now enjoy the privilege of clearing their cars from the ports and paying the duty later going by a new policy approved by the Federal Government for the Nigeria Customs Service.
The implication of the new policy, according to the service, is that people can clear their vehicles from the ports and take them away for 28 days before paying the import duty on them.
The NCS had earlier said that it would issue licences for the establishment of inland bonded vehicle terminals across the country.
The establishment of inland bonded terminals means that dealers will not necessarily have to go to Lagos to clear their vehicles.
The Acting Public Relations Officer, NCS, Mr. Joseph Attah, who stated these on Thursday, said, “When a dealer imports his vehicles and he manifests them for destinations in the inland areas, the dealer will only provide some logistics and the Customs will escort them down to the terminal without paying the Customs duty yet.”
According to him, the aim of the policy is to ensure ease of doing automobile business and increase commercial activities by giving a boost to the economy.
The implication of the new policy, according to the service, is that people can clear their vehicles from the ports and take them away for 28 days before paying the import duty on them.
The NCS had earlier said that it would issue licences for the establishment of inland bonded vehicle terminals across the country.
The establishment of inland bonded terminals means that dealers will not necessarily have to go to Lagos to clear their vehicles.
The Acting Public Relations Officer, NCS, Mr. Joseph Attah, who stated these on Thursday, said, “When a dealer imports his vehicles and he manifests them for destinations in the inland areas, the dealer will only provide some logistics and the Customs will escort them down to the terminal without paying the Customs duty yet.”
According to him, the aim of the policy is to ensure ease of doing automobile business and increase commercial activities by giving a boost to the economy.