Customs Suspends Proposed Vehicle Duty
Wed, Mar 15, 2017 | By publisher
BREAKING NEWS, Business
–
THE Nigeria Customs Service, NCS, has announced the suspension of the implementation of the payment of the proposed vehicle duty in one month.
In a statement by Joseph Attah, acting public relations officer, PRO, on Wednesday, March 15, morning the NCS said the review followed the unnecessary tension generated as a result of misconception and misrepresentation of the service planned motor duty payment.
“The leadership of the National Assembly and the Comptroller-General of Customs, Col. Hameed Ali (Rtd) met with a view to resolving the impasse. They both agreed that the proposed motor duty payment, though in line with the provision of Customs and Excise Management Act (CEMA) Cap C.45, LFN 2004 should be put on hold while the Senate Committee on Customs & Excise interfaces with the NCS for further discussions,” the statement announced.
It said the payment of duty on vehicles or indeed any dutiable imported item remained a civic responsibility of every patriotic Nigerian, but the NCS Management has directed that the present exercise.
The NSC expressed readiness to engage the Senate committee members on further discussions to bring them on board to understand the importance of the exercise to national security and economy.
— Mar 15, 2017 @ 13:30 GMT
|
Related Posts
Nigeria’s FIRSTBANK to expand operations to Ethiopia, Angola, Cameroon
Building on its long-standing presence in sub-Saharan Africa, First Bank of Nigeria Limited is gearing up for its next growth...
Read MoreWentors Launches Wentors 2.0 to Advance Women in Technology Globally
WENTORS, a leading organization dedicated to advancing women in technology, has announced the launch of Wentors 2.0 – a transformative platform offering highly...
Read MoreA booming continent needs a new payment infrastructure
AFRICA is an exciting, vibrant and creative place to do business. But make no mistake, it has its challenges. Currency...
Read MoreMost Read
Subscribe to Our Newsletter
Keep abreast of news and other developments from our website.