CLEARING agents operating in the nation’s maritime sector may withdraw their services following the reintroduction of a 15% National Automotive Council levy on imported used vehicles by the Nigeria Customs Service.
As of 2011, NAC proposed 35% duty differentials between imported fully-built units and locally assembled cars. The proposal reportedly failed later. But years after the introduction of the levy, NCS on Saturday reintroduced a 15% NAC levy on used imported vehicles.
Speaking on the development, the Chairman of the National Council of Managing Directors of Licensed Customs Agents, Ports & Terminal Multipurpose Limited chapter, Abayomi Duyile, said the move could hurt the sector because NCS has reintroduced the NAC levy, which is a 15% payment on used imported vehicles.
Meanwhile, the National P.R.O of Customs, Timi Bomodi, said the move was in line with the ECOWAS Common external tariff, 2017-2021.