The Nigeria Customs Service (NCS) has suspended the 25% penalty that had previously been imposed in addition to import duty on improperly imported vehicles.
The Nigerian Customs Service (NCS) has declared a three-month period for the regularization of import duties for certain vehicle categories improperly imported into the country.
The Nigerian federal government is set to introduce a "green surcharge on imported vehicles" as part of its ambitious plan to boost tax revenues.
The Federal Government has introduced new set of taxes on alcoholic beverages, imported vehicles and single use plastics in its new tax regime.
