Nigeria Customs Tariff Book for Cars in 2018

List of Clearing Agents in Nigeria
List of Clearing Agents in Nigeria
November 12, 2017
Nigeria customs service
Nigeria Customs Service
November 21, 2017

To know how to calculate customs duty for cars,  using the Nigeria customs tariff book or Nigeria customs valuation for cars below, there are values to be considered:

1. The dollar value of your car:

First of all, these values are generated by the Nigeria customs, it is a generated fixed cost price of the car you intend to clear.

These values seldom change or do not change at all. If any change occurs in coming times, trust us, The Clearing Agent will give you updated values always.

2. The Exchange rate (which is currently ₦306 and is subject to change at intervals):

Furthermore, this value is subject to change.

While this exchange rate is subject to change at intervals, (depending on the strength of ₦) we will keep you informed of any change in exchange rate thus, affecting the cost of clearing cars in Nigeria.

3. The percentage of duty to be paid (usually 35% duty for vehicles):

In addition, these are fixed values for cars and vehicles, other industrial vehicles may attract lower CET.

You can know more about this info here https://www.customs.gov.ng/hscode/resulthscode.php?TYPE=KEY&HSCODE=8703  or view CET tariff table below.

4. The 128 trigger, to get the total amount due to be paid to the Nigeria customs:

Hence, the 128 trigger is a shortcode that helps us calculate other values of the total duty. values like, VAT….

Furthermore, points 1 to 4 will give you the total value of your car due to be paid to the Nigeria Customs at any designated bank.

in addition, you may want to know how much it will cost you to clear a car or other vehicle.

 

Points 5 and 6 below will give you the total cost of clearing a car in Nigeria

5. Shipping and terminal charges:

Furthermore, shipping and terminal charges vary. Cars, SUVs, and Trucks approximated cost is ₦50,000 ₦60,000 ₦70,000 Respectively.

6. Agency fee or clearing charges:

In addition,  this may be fixed or Negotiable depending on the clearing agency you are dealing with.

Hence, be rest assured The Clearing Agent will give you best prices for the cost of clearing cars and other container cargo, as we are cost-effective and want to make you happy.

Other  Trusted Clearing agents in Nigeria are listed here

 Clearing Agent in Nigeria

Furthermore, here comes the breakdown.

1. Find the Dollar value of your car.
2. Multiply it by current exchange rate used by the customs (₦306).
3. Then, multiply it by percentage of duty to be paid (35%).

Most noteworthy, the first step should give you the duty of your vehicle, this is called the surface duty.

Hence, to get the total duty which includes VAT, here’s where the 128 trigger comes in

4. Multiply the total of Surface duty by 128.

In addition, this will give you the total duty you will pay to the customs via designated banks in Nigeria.

Furthermore, To know the total cost of clearing your car, do this below.

5. Add it up with shipping and terminal charges.

While shipping and terminal charges vary. Cars, SUVs, and Trucks approximated cos is ₦50,000 ₦60,000 ₦70,000 Respectively.

6. Add the Agent fee or Clearing Charges which is usually negotiable.

(₦100,000 to ₦150,000 for older cars, and higher charge for newer cars).

 

As you read through the Nigeria customs valuation for cars, Do you want to know the cost of clearing cars? why don’t you view the cost of clearing cars in Nigeria by clicking here?

 

 

Nigeria Customs Tariff Book

The Clearing Agent

Latest Nigeria Customs tariff book for cars in 2017 | Nigeria Customs Valuation

Nigeria Customs tariff for Acura

Nigeria Customs tariff for Aston Martin

Nigeria Customs tariff for Audi

Nigeria Customs tariff for BMW

Nigeria Customs tariff for Bentley

Nigeria Customs tariff for Bugatti

Nigeria Customs tariff for Buick

Nigeria Customs tariff for Cadillac

Nigeria Customs tariff for Chevrolet

Nigeria Customs tariff for Chrysler

Nigeria Customs tariff for Dodge

Nigeria Customs tariff for Ferrari

Nigeria Customs tariff for Fiat

Nigeria Customs tariff  for Ford

Nigeria Customs tariff  for GMC

Nigeria Customs tariff  for Honda

Nigeria Customs tariff for Hummer

Nigeria Customs tariff for Hyundai

Nigeria Customs tariff for Infiniti

Nigeria Customs tariff for  Jaguar

Nigeria Customs tariff for Jeep

Nigeria Customs tariff for KIA

Nigeria Customs tariff for Lamborghini

Nigeria Customs tariff for Land Rover

Nigeria Customs tariff for Lexus

Nigeria Customs tariff for Lincoln

Nigeria Customs tariff for Maserati

Nigeria Customs tariff for Maybach

Nigeria Customs tariff for Mazda

Nigeria Customs tariff for Mercedes-Benz

Nigeria Customs tariff for Mercury

Nigeria Customs tariff for Mini

Nigeria Customs tariff for Mitsubishi

Nigeria Customs tariff for Nissan

Nigeria Customs tariff for Peugeot

Nigeria Customs tariff for Pontiac

Nigeria Customs tariff for Porsche

Nigeria Customs tariff book for Rolls Royce

Nigeria Customs tariff book for Scion

Nigeria Customs tariff book for Subaru

Nigeria Customs tariff book for Suzuki

Nigeria Customs tariff book for Toyota

Nigeria Customs tariff book for Volkswagen

Nigeria Customs tariff book for Volvo

CET Tariff for Cars and other Vehicles by the Nigeria Customs

 

CET code Description SU ID VAT LVY EXC
8703.1000.00 Vehicles specially designed for travelling on snow; golf cars and similar vehicles U 35 5 35
8703.2111.00 Vehicles, with petrol fuel engine, of cylinder capacity=<1,000 cc, presented CKD U 0 5
8703.2119.00 Other U 20 5 50
8703.2119.10 Other imported by MV assemblers and man. (8703) U 35 5
8703.2120.00 Used Vehicles, with petrol fuel engine, of cylinder capacity=<1,000 cc U 35 5
8703.2211.00 Vehicles, with petrol fuel engine, of cylinder capacity>1,000=<1500cc, presented CKD U 0 5
8703.2219.00 Other U 20 5 50
8703.2219.10 Other imported by MV assemblers and man. (8703) U 20 5 50
8703.2220.00 Used Vehicles, with petrol fuel engine, of cylinder capacity>1,000<1500cc U 20 5 50
8703.2311.00 Vehicles, with petrol fuel engine, of cylinder capacity>1,500=<3000cc, presented CKD U 0 5
8703.2319.00 Other U 35 5 35
8703.2319.10 Other imported by MV assemblers and man. (Heading 8703) U 35 5
8703.2320.00 Used Vehicles, with petrol fuel engine, of cylinder capacity>1,500=<3000cc U 20 5 50
8703.2411.00 Vehicles, with petrol fuel engine, of cylinder capacity >3000cc, presented CKD U 0 5
8703.2419.00 Vehicles, with petrol fuel engine, of cylinder capacity >3000cc, presented FBU U 35 5 35
8703.2419.10 Other imported by MV assemblers and man. of heading 8703 U 35 5
8703.2420.00 Used Vehicles, with petrol fuel engine, of cylinder capacity >3000cc U 20 5 50
8703.3111.00 Vehicles, with diesel or semidiesel engine, of cylinder capacity >1500cc, presented CKD U 0 5
8703.3119.00 Vehicles,with diesel or semidiesel engine, of cylinder capacity <=1500cc, presented FBU U 35 5 35
8703.3119.10 Other imported by MV assemblers and man. of heading 8703 U 35 5
8703.3120.00 Used Vehicles, with diesel or semidiesel engine, of cylinder capacity <=1500cc U 20 5 50
8703.3211.00 Vehicles, with diesel or semidiesel engine, of cylinder capacity >1500=<2500cc, CKD U 0 5
8703.3219.00 Other U 35 5 35
8703.3219.10 Other imported by MV assemblers and man. of heading 8703 U 35 5
8703.3220.00 Used Vehicles, with diesel or semidiesel engine, of cylinder capacity >1500=<2500cc U 35 5
8703.3311.00 Vehicles, with diesel or semidiesel engine, of cylinder capacity >2500cc, CKD U 0 5
8703.3319.00 Vehicles,with diesel or semidiesel engine, of cylinder capacity >2500cc, presented FBU U 35 5 35
8703.3319.10 Other imported by MV assemblers and ma. of heading 8703 U 35 5
8703.3320.00 Used Vehicles, with diesel or semidiesel engine, of cylinder capacity >2500cc U 35 5
8703.9000.00 Other Motor cars and other motor vehicles principally des U 35 5 35
SU=System Unit, ID=Import Duty, VAT=Value Added Tax, LVY=Levy, EXC=Excise Duty

Credits https://www.customs.gov.ng/hscode/resulthscode.php?TYPE=KEY&HSCODE=8703

 

 

 

 

Leave a Reply

Your email address will not be published. Required fields are marked *

error: Content is protected !!
%d bloggers like this: