Business

Customs cancels import declarations made under 4% FOB

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…..directs importers to recapture entries

The Nigeria Customs Service (NCS) has cancelled all import declarations made under the now suspended 4 per cent Free-On-Board charges, urging importers to recapture their declarations to proceed with the clearance of their goods.

In a statement signed on Monday by the Customs National Spokesman, Abdullahi Maiwada, the Service explained that the measure is necessary to ensure clarity, maintain consistency in Customs operations, and prevent any disruptions in clearance processes.

According to the Customs statement, “Sequel to the earlier press release announcing the suspension of the 4 percent Free-on-Board (FOB) charge on imports, the Nigeria Customs Service (NCS) wishes to inform stakeholders that all import declarations made during the initial implementation period have been cancelled.

“This measure is necessary to ensure clarity, maintain consistency in Customs operations, and prevent any disruptions in clearance processes. “Affected importers, customs agents, and stakeholders are, therefore, required to recapture their declarations to proceed with the clearance of their goods.

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“In addition, all stakeholders affected are urged to promptly recapture their entries through the designated Customs processing platforms. The NCS has put measures in place to ensure this process is seamless.

“Customs Commands nationwide have been directed to provide the necessary assistance and clarifications to importers and agents requiring support during this period.

“The Service remains steadfast in its commitment to implementing government fiscal policies in alignment with the provisions of the Nigeria Customs Service Act 2023 through robust consultation and dialogue with all stakeholders.

“The decision to cancel previous declarations and give room for recapturing is part of the Service’s broader effort to be a public-centric organisation that ensures efficient service delivery.

“Under the leadership of the Comptroller-General of Customs, Bashir Adewale Adeniyi, the Service remains committed to demonstrating openness and transparency in its engagements with stakeholders.

“Traders are therefore encouraged to take advantage of this opportunity to avoid any further delays in the clearance of their consignments.”

 

NIGERIAN TRIBUNE

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