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). *(Nigeria Customs Tariff Book)
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 tariff book or 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?

Read Post on how to Buy a Car online and ship to Nigeria

Nigeria Customs Tariff Book

The Clearing Agent

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

Click on Your preferred Vehicle below to know the Value issued by Nigeria Customs

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CET Tariff for Cars and other Vehicles by the Nigeria Customs Tariff Book

 

CET codeDescriptionSUIDVATLVYEXC
8703.1000.00Vehicles specially designed for travelling on snow; golf cars and similar vehiclesU35535
8703.2111.00Vehicles, with petrol fuel engine, of cylinder capacity=<1,000 cc, presented CKDU05
8703.2119.00OtherU20550
8703.2119.10Other imported by MV assemblers and man. (8703)U355
8703.2120.00Used Vehicles, with petrol fuel engine, of cylinder capacity=<1,000 ccU355
8703.2211.00Vehicles, with petrol fuel engine, of cylinder capacity>1,000=<1500cc, presented CKDU05
8703.2219.00OtherU20550
8703.2219.10Other imported by MV assemblers and man. (8703)U20550
8703.2220.00Used Vehicles, with petrol fuel engine, of cylinder capacity>1,000<1500ccU20550
8703.2311.00Vehicles, with petrol fuel engine, of cylinder capacity>1,500=<3000cc, presented CKDU05
8703.2319.00OtherU35535
8703.2319.10Other imported by MV assemblers and man. (Heading 8703)U355
8703.2320.00Used Vehicles, with petrol fuel engine, of cylinder capacity>1,500=<3000ccU20550
8703.2411.00Vehicles, with petrol fuel engine, of cylinder capacity >3000cc, presented CKDU05
8703.2419.00Vehicles, with petrol fuel engine, of cylinder capacity >3000cc, presented FBUU35535
8703.2419.10Other imported by MV assemblers and man. of heading 8703U355
8703.2420.00Used Vehicles, with petrol fuel engine, of cylinder capacity >3000ccU20550
8703.3111.00Vehicles, with diesel or semidiesel engine, of cylinder capacity >1500cc, presented CKDU05
8703.3119.00Vehicles,with diesel or semidiesel engine, of cylinder capacity <=1500cc, presented FBUU35535
8703.3119.10Other imported by MV assemblers and man. of heading 8703U355
8703.3120.00Used Vehicles, with diesel or semidiesel engine, of cylinder capacity <=1500ccU20550
8703.3211.00Vehicles, with diesel or semidiesel engine, of cylinder capacity >1500=<2500cc, CKDU05
8703.3219.00OtherU35535
8703.3219.10Other imported by MV assemblers and man. of heading 8703U355
8703.3220.00Used Vehicles, with diesel or semidiesel engine, of cylinder capacity >1500=<2500ccU355
8703.3311.00Vehicles, with diesel or semidiesel engine, of cylinder capacity >2500cc, CKDU05
8703.3319.00Vehicles,with diesel or semidiesel engine, of cylinder capacity >2500cc, presented FBUU35535
8703.3319.10Other imported by MV assemblers and ma. of heading 8703U355
8703.3320.00Used Vehicles, with diesel or semidiesel engine, of cylinder capacity >2500ccU355
8703.9000.00Other Motor cars and other motor vehicles principally desU35535
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

 

 

 

 

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