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FEC Approves Automation Of Import Duty Exemption Certificates, Vehicle Numbers - Business - Nairaland

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FEC Approves Automation Of Import Duty Exemption Certificates, Vehicle Numbers by bmwestafrica: 6:50am On Dec 12, 2019
Approval for the procurement of an electronic gateway platform for the processing of import duty exemption certificates as well as vehicle identification and registration numbers, under the auspices of the Federal Ministry of Finance, Budget and Economic Planning, have been granted by the Federal Executive Council (FEC).

Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, said after the meeting, which was presided over by Vice President Yemi Osinbajo, that an approval was granted to automate the process of the various applications for exemption that were coming to the ministry.

She said these categories of import duty payments and other tax incentives covered a number of sectors, including the downstream gas-utilisation projects, the agro allied processing projects, commercial aircraft engines and spare parts, automobile assembly, iron and steel production, power including thermal hydro, solar and wind, textiles- plants, machinery and equipment imported for use for mining operations.

Read More : https://businessandmaritimewestafrica.com/fec-approves-import-duty-exemption-certificates-vehicle-numbers-automatiom/

1 Like

Re: FEC Approves Automation Of Import Duty Exemption Certificates, Vehicle Numbers by hisgrace090: 6:53am On Dec 12, 2019
Is this another tax or what?


I have found out that this guys are bent on tasking the masses to death.

7 Likes

Re: FEC Approves Automation Of Import Duty Exemption Certificates, Vehicle Numbers by Expert17: 7:34am On Dec 12, 2019
Ok
Re: FEC Approves Automation Of Import Duty Exemption Certificates, Vehicle Numbers by money121(m): 7:35am On Dec 12, 2019
Oo
Re: FEC Approves Automation Of Import Duty Exemption Certificates, Vehicle Numbers by Nobody: 7:35am On Dec 12, 2019
Always quick to subsidize the rich

3 Likes

Re: FEC Approves Automation Of Import Duty Exemption Certificates, Vehicle Numbers by NaijadrivaCars: 7:35am On Dec 12, 2019
Same areas that are tax exempted, plus others.
Re: FEC Approves Automation Of Import Duty Exemption Certificates, Vehicle Numbers by Ladycoolbreeze(f): 7:35am On Dec 12, 2019
Little money you try to manage they will approve one tax this or import that to collect it from you. Useless korntri

4 Likes

Re: FEC Approves Automation Of Import Duty Exemption Certificates, Vehicle Numbers by shaggy007(m): 7:35am On Dec 12, 2019
hisgrace090:
Is this another tax or what?

Read again... Slowly

17 Likes

Re: FEC Approves Automation Of Import Duty Exemption Certificates, Vehicle Numbers by 4w4eva(m): 7:35am On Dec 12, 2019
Can someone elaborate better?
Re: FEC Approves Automation Of Import Duty Exemption Certificates, Vehicle Numbers by Authoreety: 7:36am On Dec 12, 2019
Alright
Re: FEC Approves Automation Of Import Duty Exemption Certificates, Vehicle Numbers by CarGuideNG: 7:36am On Dec 12, 2019
Re: FEC Approves Automation Of Import Duty Exemption Certificates, Vehicle Numbers by A305: 7:36am On Dec 12, 2019
Atleast they got this right this time. Not everything they would place tax on.

1 Like

Re: FEC Approves Automation Of Import Duty Exemption Certificates, Vehicle Numbers by mickykhe(m): 7:37am On Dec 12, 2019
Gen. Buhari and policy making in this régime is second to none, all na still scam.

2 Likes

Re: FEC Approves Automation Of Import Duty Exemption Certificates, Vehicle Numbers by Simplyleo: 7:37am On Dec 12, 2019
cool cool
Re: FEC Approves Automation Of Import Duty Exemption Certificates, Vehicle Numbers by princemillla(m): 7:38am On Dec 12, 2019
Not tax but waivers. Just like the case of dangote where he won't pay tax for some certain give back.


These top folks knows how to enrich their friends. Just hope there won't be sentiment as in the case of Bua and dangote

4 Likes

Re: FEC Approves Automation Of Import Duty Exemption Certificates, Vehicle Numbers by chinavs9ja(m): 7:38am On Dec 12, 2019
These people are just failures...one is not better the other...spit


Check my signature
Re: FEC Approves Automation Of Import Duty Exemption Certificates, Vehicle Numbers by ekaette1621: 7:38am On Dec 12, 2019
GEN.BUHARI WAN USE TAX AND STAMP DUTIES FINISH OUR CAREER. grin grin grin grin grin cool

1 Like

Re: FEC Approves Automation Of Import Duty Exemption Certificates, Vehicle Numbers by gentle007(m): 7:39am On Dec 12, 2019
Ladycoolbreeze:
Little money you try to manage they will approve one tax this or import that to collect it from you. Useless korntri
My people perish for lack ok knowledge.

2 Likes

Re: FEC Approves Automation Of Import Duty Exemption Certificates, Vehicle Numbers by Kaydeexotic(m): 7:44am On Dec 12, 2019
I find it so difficult to understand why a lot of people rush to make comments on nairaland without proper assimilation of the headline... The mind of a lot of Nigerians have been programmed to interpret bad news about the country... Please let's always try to read carefully and understand before jumping to make comments.... This is not a TAX issue... It is a sort of WAIVER for some type of imported goods....

11 Likes 2 Shares

Re: FEC Approves Automation Of Import Duty Exemption Certificates, Vehicle Numbers by ETWs: 7:44am On Dec 12, 2019
ekaette1621:
GEN.BUHARI WAN USE TAX AND STAMP DUTIES FINISH OUR CAREER. grin grin grin grin grin cool
and you are laughing over it?
Re: FEC Approves Automation Of Import Duty Exemption Certificates, Vehicle Numbers by martinlooter(m): 7:44am On Dec 12, 2019
Is it only me that noticed that the Minister of Finance Bala Hadiza is not wearing a wedding ring and "MRS" was not added to her name?
Re: FEC Approves Automation Of Import Duty Exemption Certificates, Vehicle Numbers by ETWs: 7:44am On Dec 12, 2019
Kaydeexotic:
I find it so difficult to understand why a lot of people rush to make comments on nairaland without proper assimilation of the headline... The mind of a lot of Nigerians have been programmed to interpret bad news about the country... Please let's always try to read carefully and understand before jumping to make comments.... This is not a TAX issue... It is a sort of WAIVER for some type of imported goods....
that is how were commenting on the postponed Soyinka's award to the vice president without understanding the apology.

If you talk, they will ask "who English epp" yet the simplest English, some won't understand.

5 Likes

Re: FEC Approves Automation Of Import Duty Exemption Certificates, Vehicle Numbers by contigiency(m): 7:46am On Dec 12, 2019
This is a serious government that wants to curb corruption to a meaningful level.

1 Like

Re: FEC Approves Automation Of Import Duty Exemption Certificates, Vehicle Numbers by Mutemenot(m): 7:47am On Dec 12, 2019
Are we saying custom and other duties are now automated Automation is a very good idea hence they can be sure it's 100 percent free from human interference
Re: FEC Approves Automation Of Import Duty Exemption Certificates, Vehicle Numbers by gulfer: 7:54am On Dec 12, 2019
Why not just do a 100% import duty automation; and add the exemption as a subset

1 Like 1 Share

Re: FEC Approves Automation Of Import Duty Exemption Certificates, Vehicle Numbers by anochuko01(m): 7:55am On Dec 12, 2019
Preventing corruption is way cheaper than fighting it.
Just automate these stuffs and reduce physical contacts between the people and these agencies. And make them publicly defend their reports.
Re: FEC Approves Automation Of Import Duty Exemption Certificates, Vehicle Numbers by realstars: 7:56am On Dec 12, 2019
Approve or disprove or not, its not for the poor.
Re: FEC Approves Automation Of Import Duty Exemption Certificates, Vehicle Numbers by Stalwert: 8:04am On Dec 12, 2019
hisgrace090:
Is this another tax or what?

Chia, haba you should be able to understand what automation of a process means.
Re: FEC Approves Automation Of Import Duty Exemption Certificates, Vehicle Numbers by ArticleBeast: 8:14am On Dec 12, 2019
gentle007:

My people perish for lack ok knowledge.
Explain to her. Stop critizing like a barbarian
Re: FEC Approves Automation Of Import Duty Exemption Certificates, Vehicle Numbers by aspiring44: 8:25am On Dec 12, 2019
Kaydeexotic:
I find it so difficult to understand why a lot of people rush to make comments on nairaland without proper assimilation of the headline... The mind of a lot of Nigerians have been programmed to interpret bad news about the country... Please let's always try to read carefully and understand before jumping to make comments.... This is not a TAX issue... It is a sort of WAIVER for some type of imported goods....


Very correct

The topic ought to have been waivers and concession to certain key sectors.

It benefits are always there but it never trickles down to the masses. The capitalist makes so much from it.

1 Like

Re: FEC Approves Automation Of Import Duty Exemption Certificates, Vehicle Numbers by TheFacelessMan: 8:29am On Dec 12, 2019
Kaydeexotic:
I find it so difficult to understand why a lot of people rush to make comments on nairaland without proper assimilation of the headline... The mind of a lot of Nigerians have been programmed to interpret bad news about the country... Please let's always try to read carefully and understand before jumping to make comments.... This is not a TAX issue... It is a sort of WAIVER for some type of imported goods....

Yet many claim to be GRADUATES cheesy grin

1 Like

Re: FEC Approves Automation Of Import Duty Exemption Certificates, Vehicle Numbers by computerglobal(m): 8:30am On Dec 12, 2019


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