Customs
Freight Forwarders spoil for war with Customs over 15 percent NAC levy.
Duyile said he was surprised the service was coming up with the levy in the second quarter of this year.
“We will meet tomorrow (Wednesday)and when we do, we will make our views known to the government.
“Why should the NAC levy be on used vehicles? I don’t know why they are coming up with the NAC levy again now.
The Chairman of the National Association of Government Approved Freight Forwarders,(NAGAFF) PTML Chapter, George Okafor, said the outcome of the association’s meeting with its members will determine whether the agents would embark on the proposed strike or not.
“This is wrong because there is no way Customs can calculate NAC levy on used vehicles.
Sensing the agitations of the freight forwarders, the Customs High Command has invited the leadership of the freight forwarders to a meeting on Wednesday.
However, Bomodi has said the move was in line with the Economic Community of West African States Common external tariff, 2017-2021.
In his statement, he said the service in April migrated from the old version of the ECOWAS CAT to the new version, adding that this was in line with the World Customs Organisation’s five-year review of its nomenclature.
“On Friday, April 1, 2022, the Nigeria Customs Service migrated from the old version of the ECOWAS Common External Tariff (2017- 2021) to the new version (2022- 2026).
“In Chapter 98 of the current CET – bonafide assemblers importing Completely Knocked Down and Semi Knocked Down are to enjoy a concession of zero percent and 10 percent duty rate, respectively.
“While within ECOWAS, duty rates for the same items are five percent and 10 percent, respectively. Incentivising their efforts through policy interventions guarantees a win-win situation for the nation in the long run.
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