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Benefits OF ECOWAS Vs Naija Customs! - Business - Nairaland

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Benefits OF ECOWAS Vs Naija Customs! by verdas: 7:11pm On Aug 27, 2012
Hello! I believe therez someone here with a good acknowledge of the ECOWAS community and its benefit to memeber states. Wondering if its right/legal for Nigerian Customs officials to request that duties be paid for tailored clothes imported from Senegal(senegalese)to Nigeria; if this is right, please how are the duties calculated?
This is really important to me and useful comments will be highly appreciated. Thanks!
Re: Benefits OF ECOWAS Vs Naija Customs! by jobaskia(m): 5:16pm On Aug 28, 2012
There is what we call ETLS- Ecowas trade liberation scheme which emphasizes common External Tariff CET. The common external tariff is being used by all member states. This is a scheme that liberailze trade among countries in west africa

duty payable is calculated from CIF - COST INSURANCE FRIEGHT as the base whether 5% , 10%, 20% . Just confirm if they have lifted ban on textile material there could be a clause supporting what you are bringing into nigeria which must have beenm excluded.

DUTY PAYABLE
7 sucharge frm duty payable
1% CISS of f.o.b
0.5%of ETLS
5% VAT

TOTAL DUTY PAYABLE
Re: Benefits OF ECOWAS Vs Naija Customs! by verdas: 6:25pm On Aug 28, 2012
Thanks a bunch jobaskia. Dat was truly helpful. Will confirm d ban on importation of textile materials.
Thanks

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