By Sabiu Abdullahi
The Nigeria Customs Service (NCS) has announced a new initiative aimed at improving compliance and streamlining import processes for vehicles.
For a limited time, vehicle owners will have a 90-day window to regularise their import duties.
This program applies to vehicles that have not been seized or condemned by customs officials.
Owners of such vehicles can apply to Zonal Coordinators to rectify their import duties.
To participate in this initiative, vehicle owners will need to submit all necessary documents along with their application.
Additionally, a 25% penalty will be applied on top of the standard import duty.
This move by the NCS is seen as a positive step towards improving compliance and generating revenue for the country.
It also provides an opportunity for vehicle owners to rectify their import status and avoid potential penalties in the future.
The 90-day window provides a limited window for vehicle owners to take advantage of this program.
Those who wish to regularise their import duties are encouraged to contact their nearest NCS Zonal Coordinator for more information and to initiate the application process.