Nigeria Customs and Import


Nigeria – Customs and Import duty tax calculation method

Customs Duties or Import duty A tax charged on certain goods which are brought into a coun… More and taxes will be pending and need to be cleared while importing goods into Nigeria Either by a private individual or a commercial entity.

The valuation method is CIF.

Below is the Duty and Sales tax known as VAT (Value Added Tax) in the UK. A tax based on the… More for Nigeria :

Duty RatesAverage Duty RateSales Tax(GST)Threshold on goods
0% to 35%16.96%ST=5%
VAT = ST * (CIF + Duty+ other taxes)
No minimum threshold(All the goods are duty and taxes payable irrespective of import value)

Extra taxes and customs fees while importing:

Type of TaxA fee imposed by a government on personal or corporate incom… MoreProductsRates
Excise dutyOnly some products5% to 30%
Sugar levyRelated products10% to 20%
Rice levyRelated products20%
Cigarettes levyRelated products50% to 100%
Automotive levyRelated products10% to 20%

Please find the lists and detailed information about other taxes here.

Below is the Excise Duty in Nigeria :

HS-CodeProductThe result of a manufacturing or natural process (such as fo… More DescriptionDuty
3303.0000.00, 3304.3000.00 and 3307Perfumes and Other toilet Water, Cosmetics5%
2202.1000.00 – 2202.9000.91 – 2202.9000.99; 2009.1100.12 to 2009.9000.99Non Alcoholic Beverages, Fruit Juice5%
3401 or 3402Soap and Detergent5%
2203.0010.00 and 2203.0090.00Beer and Stout20%
2204.1000.00 – 2205.9000Wines20%
1902.1100 – 1902.3000Spaghetti/Noodles5%
2206.0000.00 – 2209.0000.00Spirits and other alcoholic beverages20%
2402.1000 – 2402.9000 2403.1000 – 2403.9900.00Cigarettes and tobacco20%
4911.9990.91Telephone recharge cards/vouchers5%
4808.1000, 4819.1000 – 4819.2000Corrugated paper or paper board and cartons, boxes and cases made from corrugated paper and paper board.5%
4818.1000 – 4818.9000Toilet papers, cleansing or facial tissue.5%

NOTE:

All extra charges are applied on the sum of the CIF value and duty. *

 

Source : (https://customsdutyfree.com/nigeria-customs-and-import-duty-tax-calculation-method/ )