The federal government levies customs duties on most imports, but these duties were substantially reduced in 1986 and in 1995. The import duty varies from 5% to 60%, averaging 12%. All imports are also subject to a 7% port surcharge and a 5% value-added tax (VAT). The paperwork necessary for exporting and importing is lengthy. The taxation system has been widely avoided and valuations are arbitrary.
Prohibited exports include raw hides and skins, timber and building materials, raw palm kernels, and unprocessed rubber (to protect building and processing industries). Most goods produced in Nigeria may be freely exported. Prohibited imports include live chicks, flour, vegetable oils, gypsum, mosquito repellent coils, plastic domestic articles, used tires, and weapons.
As an exporter to be i want to know the type of form i will need and where to get it.
It's to assist us in clearing some of our elctrical imported goods.
The one we have is an outdated one that of 1995-2001.
Please, we need it urgently.
Is extra virgin oil also prohibited for imports?
I am looking for more information on what the rates,taxes and customs are for importing secondhand clothing to Nigeria.
What s the tax percentage to import rice today?
I will also appreciate it if a copy of list of prohibited goods can be forwarded to me. thanks
Thanks for reading and please, your response will be of great help to me and to others that will hear from me too. God bless you.
I will be sending air conditioners to Nigeria. Kindly advise what the applicable duties are