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Nairaland Forum / Nairaland / General / Car Talk / Import Duty/clearance (3283 Views)
Any Import Duty For Electric Cars? / PAN Faults FG's Plan To Reduce Import Duty On Vehicles / Customs Import Duty Has Been Increased (2) (3) (4)
Import Duty/clearance by Laykonyde(m): 9:34pm On Apr 08, 2021 |
Hi folk, I'm considering buying a car from abroad so had a look on Nigeria Custom Service to see how much a car clearance costs these days. I realised its 70% of purchase fee. Now I'm a bit confused. Does this mean if I get a car for 2000 euros, I'm going to pay 70% of that? Or do I pay 70% of what the car worths in Naija market?. Can someone tell me how it works please. Thanks |
Re: Import Duty/clearance by sultaan(m): 10:29pm On Apr 08, 2021 |
I is funny that you now just came across the greatest puzzle mankind ever created for itself. By logic you take that 70% and add another 7 % sales tax to it then the commission the agent , port and other toll collectors will get. I hope this explains why we ship scrap cars to Nigeria, or use cotonou port. No body will give you the clear answer even when they said it is 10 % not. In Nigeria, things only flourish when there is chaos and confusion. Because world economy slowed, import slowed and all those trailers are lining up for fewer customers, creating a flourishing business for some collectors 1 Like |
Re: Import Duty/clearance by 9icetoo(m): 10:23am On Apr 09, 2021 |
Laykonyde:For new cars, it's now 35% duty and 5% levy. There are other charges. For older cars (Tokunbo), it's just 35% duty. There are also other charges. Basically for tokunbo, customs will use a value determined by them based on their valuation book (all cars under the sun known to customs have a value in their valuation book). That value is in dollars. An exchange rate will be applied. Exchange rate is determined by customs using the official exchange window. That value (surface duty) multipled by 1.38 is what customs will bill you. Then there are other charges and your agents commission as well. Customs does not use your purchase price to determine duty payable on your car. I hope this helps. 2 Likes |
Re: Import Duty/clearance by Laykonyde(m): 12:17pm On Apr 09, 2021 |
Thanks a lot for your responses. Honestly I must say, the charges is absolute rip off. Making peoples lives miserable just to put more money in their pockets, as if they haven't stolen enough. I rest my case, its no worth the hassle. 1 Like |
Re: Import Duty/clearance by sultaan(m): 12:30am On Apr 10, 2021 |
9icetoo: I am not in Nigeria but I wish I could believe any statement about government operations in Nigeria. The import duty regime right now is like the chicken tax war, only directed at Nigerians by the Nigerian government. https://en.m.wikipedia.org/wiki/Chicken_tax and that called it a war at 25% at our rate it a chicken extinction which is why the auto industry is extinct. The funny thing is when civilian secretaries were running the customs, things were very same. Take a look at the history of their leader and you will see when trouble started for the Nigerian economy |
Re: Import Duty/clearance by Snowflakess: 7:53am On Apr 11, 2021 |
Laykonyde: clearing of car in Nigeria is not determined by the price of the car the are factors that determines the cost of duty being paid 1 year of the car 2 size I.e SUV or sedane 3 the car itself I.e luxury or normal car 4 shipping line I.e is it grimadil, five star or others. I hope this helps if you have any questions I can be of help 1 Like |
Re: Import Duty/clearance by sultaan(m): 9:14am On Apr 11, 2021 |
Snowflakess: Then give me the duty on a 2007 grand cherokee, laredo and why is it a luxury car |
Re: Import Duty/clearance by Snowflakess: 2:38pm On Apr 11, 2021 |
o7 grand Cherokee valuation shouldn't pass 257 multiply by 1.35 Google is your best bet for the second question my opinion though |
Re: Import Duty/clearance by jodeci(m): 5:44pm On Apr 11, 2021 |
someone should give me the clearance duty on 2011 Highlander. |
Re: Import Duty/clearance by sultaan(m): 9:44pm On Apr 11, 2021 |
Snowflakess: Are you telling me about 350k when the standard price for SUV has been touted as 650-700k on SUV And Siena Minivan? if we don't change how we do thing , it will only get worse. Importing used cars is not a sustainable system, we should be looking at newer vehicles with longer service life. Another thing will be to have reduced rate for wholesale companies to allow for economics of scale. Instead of FG taking both duty and sales tax, sale tax should be the 5% that should be paid at state of registration. that will ofset the cost of road infrastructure in state of operation. |
Re: Import Duty/clearance by Snowflakess: 7:51pm On Apr 14, 2021 |
sir, understand your point buh what can an average Nigerian do? a new Camry of year 2007 cost almost 7million naira excluding duty fee do you think Nigerians can afford these cars? our currency can never let that happen. |
Re: Import Duty/clearance by Snowflakess: 7:53pm On Apr 14, 2021 |
jodeci:did you later get the.valuation chief? |
Re: Import Duty/clearance by jodeci(m): 7:39pm On Apr 15, 2021 |
Snowflakess: not yet. |
Re: Import Duty/clearance by Snowflakess: 4:35am On Apr 16, 2021 |
jodeci:550 multiply by 1.38 NB; that is just the duty fee only if I may ask which shipping line is the car coming out from? |
Re: Import Duty/clearance by jodeci(m): 7:00pm On Apr 16, 2021 |
Snowflakess: MSC |
Re: Import Duty/clearance by Snowflakess: 9:19pm On Apr 16, 2021 |
jodeci:aiit dats custom duty fee chief next time you Getting another vehicle try using grimaldil there service is kinda cool my opinion though |
Re: Import Duty/clearance by jodeci(m): 4:48am On Apr 17, 2021 |
Snowflakess: Other than custom duty fee,which other cost is there maybe agent fee? |
Re: Import Duty/clearance by Snowflakess: 5:24am On Apr 17, 2021 |
jodeci:agent fee is negotiable u will have to pay for shipping fee too in Nigeria sedane I.e small care is 60k plus while SUV i.e jeep is 70kplus |
Re: Import Duty/clearance by jodeci(m): 3:50pm On Apr 17, 2021 |
Snowflakess: Thanks. |
Re: Import Duty/clearance by Snowflakess: 4:12pm On Apr 17, 2021 |
jodeci:u welcome chief |
Re: Import Duty/clearance by owo4mii(m): 9:40am On Apr 19, 2021 |
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Re: Import Duty/clearance by AccidentedCars: 10:36am On Oct 14 |
Top 5 Cars to Import That Will Give You CRAZY Profits! 1. 2022 Nissan Pathfinder 2. 2023 Honda Accord 3. 2020 Ford F-150 4. 2016 Jeep Wrangler 5. 2021 Volkswagen Passat https://www.youtube.com/watch?v=ZRfJ0gDHlCA |
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