Page 4 - External Tariff News Today

Tax expert, Taiwo Oyedele has described the new tax laws in Nigeria as President Muhammadu Buhari’s "parting tax gift" to the people. Oyedele is the

Key Highlights The Federal Government said under the new tax regime, N75 per litre will be charged on beer, stout

Federal Government of Nigeria has unveiled a new tax regime targeting beer, imported vehicles, and single-use plastics

The Federal Government of Nigeria has introduced new taxes and it covers the importation of wine, and several other key items such as mobile telephone services

The Federal Government has revised Import Adjustment Tax (IAT) for Implementation of ECOW CET (2022-2026), raising tariffs on importation of rice as well as

Key highlights: Customs reveals it follows a standard operating procedure for auctioning of vehicles and other intercepted items. They added

The value of used vehicles imported into Nigeria decreased by 47 percent in 2022 to N325.05 billion from N617.48 billion in 2021, according to data from

The value of imported used vehicles in Nigeria dropped sharply in 2022, primarily due to increased import duty as shipping companies downsized their vessels.

Mathuki attributed the increase in intra-regional trade to political goodwill among the members.

This country’s Customs and Excise Department has introduced the latest version of the Harmonised Commodity and Coding System- HS 2022, of the CARICOM Common External Tariff (CET).