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Total Cost Of Clearing A Vehicle In Nigeria - Autos (484) - Nairaland

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TOTAL COSTS OF CLEARING TOKUNBO VEHICLES. / Clearing A Vehicle In Lagos / Know The Total Cost Of Clearing A Vehicle In Nigeria ! (2) (3) (4)

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Re: Total Cost Of Clearing A Vehicle In Nigeria by Nettuno: 12:05pm On Jul 06, 2023
Please how much will clear 2011 Highlander via Sallaum?
Re: Total Cost Of Clearing A Vehicle In Nigeria by Romotun(m): 2:28pm On Jul 06, 2023
Please how much is the cost to clear 2018 Toyota Highlander through container, grilmaldi , and please what is the latest exchange rate on customs sever as at today, thanks
Re: Total Cost Of Clearing A Vehicle In Nigeria by oliverjiad(m): 3:11pm On Jul 06, 2023
Good afternoon my people

It as come to our notice from the office of the president by the president spokes man[DELE ALAKE],that levy on vehicle from 2000 capacity upwards as been suspended and in line with the customs house hopefully we would give full details of what as been agreed

I urge Nairaland family and the importers and exporters,to stay calm for the glorious update soon,hopefully by Monday

Regards

Jaid
Re: Total Cost Of Clearing A Vehicle In Nigeria by avlimited(m): 3:31pm On Jul 06, 2023
oliverjiad:
with 1.5m would get it cleared

Jaid

What of Honda Accord 2017 on Roro and if in a 20Ft container with drinks
Re: Total Cost Of Clearing A Vehicle In Nigeria by dere5: 4:19pm On Jul 06, 2023
President Bola Ahmed Tinubu has ordered the suspension of the Import Tax Adjustment levy on specific vehicles.POLITICS NIGERIA reports that the announcement was made by Dele Alake, Special Adviser to the President, during a press conference with State House Correspondents.This decision is part of four Executive Orders signed by the President, aimed at reducing the burden of multiple taxation and creating a more favourable environment for local and foreign businesses.

http:///4c3b543c230706en_ng?link=1&client=news
Re: Total Cost Of Clearing A Vehicle In Nigeria by dere5: 4:22pm On Jul 06, 2023
dere5:
President Bola Ahmed Tinubu has ordered the suspension of the Import Tax Adjustment levy on specific vehicles.POLITICS NIGERIA reports that the announcement was made by Dele Alake, Special Adviser to the President, during a press conference with State House Correspondents.This decision is part of four Executive Orders signed by the President, aimed at reducing the burden of multiple taxation and creating a more favourable environment for local and foreign businesses.

http:///4c3b543c230706en_ng?link=1&client=news

Pls someone should confirm and throw more light on this
Re: Total Cost Of Clearing A Vehicle In Nigeria by oliverjiad(m): 4:26pm On Jul 06, 2023
avlimited:


What of Honda Accord 2017 on Roro and if in a 20Ft container with drinks
please monday would update you sir
Re: Total Cost Of Clearing A Vehicle In Nigeria by oliverjiad(m): 4:27pm On Jul 06, 2023
dere5:


Pls someone should confirm and throw more light on this
Good afternoon my people

It as come to our notice from the office of the president by the president spokes man[DELE ALAKE],that levy on vehicle from 2000 capacity upwards as been suspended and in line with the customs house hopefully we would give full details of what as been agreed

I urge Nairaland family and the importers and exporters,to stay calm for the glorious update soon,hopefully by Monday
Re: Total Cost Of Clearing A Vehicle In Nigeria by dere5: 4:48pm On Jul 06, 2023
oliverjiad:
Good afternoon my people

It as come to our notice from the office of the president by the president spokes man[DELE ALAKE],that levy on vehicle from 2000 capacity upwards as been suspended and in line with the customs house hopefully we would give full details of what as been agreed

I urge Nairaland family and the importers and exporters,to stay calm for the glorious update soon,hopefully by Monday

Thanks for the update
Re: Total Cost Of Clearing A Vehicle In Nigeria by oliverjiad(m): 5:38pm On Jul 06, 2023
dere5:


Thanks for the update
ure welcome

Jaid
Re: Total Cost Of Clearing A Vehicle In Nigeria by Itsrm(m): 8:32pm On Jul 06, 2023
dere5:


Pls someone should confirm and throw more light on this

Insignificant.

What they are suspending is 2% of the value of the car for cars below 3.9l and 4% the value for cars above 4l engine.

At the same time, they have increased their dollar exchange rate to 771.
Re: Total Cost Of Clearing A Vehicle In Nigeria by Itsrm(m): 8:35pm On Jul 06, 2023
oliverjiad:
Good afternoon my people

It as come to our notice from the office of the president by the president spokes man[DELE ALAKE],that levy on vehicle from 2000 capacity upwards as been suspended and in line with the customs house hopefully we would give full details of what as been agreed

I urge Nairaland family and the importers and exporters,to stay calm for the glorious update soon,hopefully by Monday

There is no glorious update anywhere. The levy they are suspending is the additional 2% to the existing 35%.

Daily Trust learnt that under the new tax regime, imported vehicles with 2000cc (2 litres) to 3999cc (3.9 litres) engines will pay an additional charge known as Import Adjustment Tax (IAT) of 2 per cent of the value of the vehicle while vehicles with 4000cc (4 litres) and above engines will attract IAT of 4 per cent of their value.
The new levy is in addition to the 35 per cent import duty and 35 per cent levy being paid by vehicles importers.


https://dailytrust.com/tinubu-orders-suspension-of-extra-levy-on-some-imported-vehicles/#:~:text=04%3A24%20WAT-,President%20Bola%20Ahmed%20Tinubu%20has%20ordered%20the%20suspension%20of%20Import,measures%20and%20multiplicity%20of%20taxes.
Re: Total Cost Of Clearing A Vehicle In Nigeria by oliverjiad(m): 9:29pm On Jul 06, 2023
Itsrm:


There is no glorious update anywhere. The levy they are suspending is the additional 2% to the existing 35%.



https://dailytrust.com/tinubu-orders-suspension-of-extra-levy-on-some-imported-vehicles/#:~:text=04%3A24%20WAT-,President%20Bola%20Ahmed%20Tinubu%20has%20ordered%20the%20suspension%20of%20Import,measures%20and%20multiplicity%20of%20taxes.
Re: Total Cost Of Clearing A Vehicle In Nigeria by oliverjiad(m): 9:32pm On Jul 06, 2023
Itsrm:


There is no glorious update anywhere. The levy they are suspending is the additional 2% to the existing 35%.



https://dailytrust.com/tinubu-orders-suspension-of-extra-levy-on-some-imported-vehicles/#:~:text=04%3A24%20WAT-,President%20Bola%20Ahmed%20Tinubu%20has%20ordered%20the%20suspension%20of%20Import,measures%20and%20multiplicity%20of%20taxes.
its a pity nairaland protocol wouldn't allow to post the video of mr dele alake the president spoke man made the speech this afternoon

Well let's keep calm till monday for update

Jaid
Re: Total Cost Of Clearing A Vehicle In Nigeria by Mustack: 10:14pm On Jul 06, 2023
How.much is the cost of shipping and clearing of es 350 from US
Re: Total Cost Of Clearing A Vehicle In Nigeria by Itsrm(m): 5:23am On Jul 07, 2023
oliverjiad:
its a pity nairaland protocol wouldn't allow to post the video of mr dele alake the president spoke man made the speech this afternoon

Well let's keep calm till monday for update

Jaid

Okay o
Re: Total Cost Of Clearing A Vehicle In Nigeria by ojeysky(m): 8:02am On Jul 07, 2023
oliverjiad:
its a pity nairaland protocol wouldn't allow to post the video of mr dele alake the president spoke man made the speech this afternoon

Well let's keep calm till monday for update

Jaid

@Itsrm is right; what was suspended is the additional levy that govt intend to implement and they've just changed implementation date to August. The 35% and other charges still stands and at the new crazy rate of 770.

Nevertheless, there are indications that they may remove the 15% levy that makes up the 35% to reduce the impact of the fx changes on total clearing cost.

However, in Nigeria when an increase is to be implemented by govt, it's done promptly but reduction will take more time unfortunately. The new sherif is in town - the tax collector himself sad

1 Like

Re: Total Cost Of Clearing A Vehicle In Nigeria by Itsrm(m): 9:23am On Jul 07, 2023
ojeysky:


@Itsrm is right; what was suspended is the additional levy that govt intend to implement and they've just changed implementation date to August. The 35% and other charges still stands and at the new crazy rate of 770.

Nevertheless, there are indications that they may remove the 15% levy that makes up the 35% to reduce the impact of the fx changes on total clearing cost.

However, in Nigeria when an increase is to be implemented by govt, it's done promptly but reduction will take more time unfortunately. The new sherif is in town - the tax collector himself sad

They had better remove it. The numbers I'm seeing with 771 are scary. My vehicle I cleared with 1.9m less than a year ago is now 4.05m naira.

Just imagine buying a car in June hoping to clear with 1.9m only to be quoted 4m when it arrives.
Re: Total Cost Of Clearing A Vehicle In Nigeria by ojeysky(m): 4:42pm On Jul 07, 2023
Itsrm:


They had better remove it. The numbers I'm seeing with 771 are scary. My vehicle I cleared with 1.9m less than a year ago is now 4.05m naira.

Just imagine buying a car in June hoping to clear with 1.9m only to be quoted 4m when it arrives.

Am not imagining it, am experiencing it. A MDX of 600k last year will be over 3m now. For now no agent can do valuation... Maybe they will remove the NAC by the time the custom system resume operation

1 Like

Re: Total Cost Of Clearing A Vehicle In Nigeria by dru23(m): 9:53am On Jul 08, 2023
Romotun:
Please how much is the cost to clear 2018 Toyota Highlander through container, grilmaldi , and please what is the latest exchange rate on customs sever as at today, thanks


Just to give u an idea how crazy expensive clearing is.

We clear a 2017 Honda accord for 2,889,000 . it is clear from container..
Re: Total Cost Of Clearing A Vehicle In Nigeria by kaysy(m): 10:47am On Jul 09, 2023
Romotun:
Please how much is the cost to clear 2018 Toyota Highlander through container, Grimaldi , and please what is the latest exchange rate on customs sever as at today, thanks

I just cleared one on Thursday with N4.455m at an exchange rate of N589.45/USD

Re: Total Cost Of Clearing A Vehicle In Nigeria by oliverjiad(m): 8:44pm On Jul 09, 2023
We're not in a rush to give qoute

Make una just calm down

We understand the hardship,but God over everything

Jaid
Re: Total Cost Of Clearing A Vehicle In Nigeria by scholarseyi: 1:55pm On Jul 10, 2023
Any updates on custom duty please. We are anxiously waiting for the reduction of the import levy and rate.
Re: Total Cost Of Clearing A Vehicle In Nigeria by oliverjiad(m): 2:38pm On Jul 10, 2023
scholarseyi:
Any updates on custom duty please. We are anxiously waiting for the reduction of the import levy and rate.
for now nothing of such

But Ill advice if ure having consignment at the port please kindly carry on with your Agent to clear your goods,all we hear is meeting,meeting

Jaid

1 Like

Re: Total Cost Of Clearing A Vehicle In Nigeria by ojeysky(m): 4:31am On Jul 11, 2023
oliverjiad:
for now nothing of such

But Ill advice if ure having consignment at the port please kindly carry on with your Agent to clear your goods,all we hear is meeting,meeting

Jaid

That's how the meeting will continue until noting is done....they increased without notice now when it's time to reduce na so so meeting grin

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Re: Total Cost Of Clearing A Vehicle In Nigeria by Itsrm(m): 5:42am On Jul 11, 2023
oliverjiad:
for now nothing of such

But Ill advice if ure having consignment at the port please kindly carry on with your Agent to clear your goods,all we hear is meeting,meeting

Jaid

At 770? cheesy
Re: Total Cost Of Clearing A Vehicle In Nigeria by oliverjiad(m): 7:52am On Jul 11, 2023
Itsrm:


At 770? cheesy
nah so e b oo my brother
Re: Total Cost Of Clearing A Vehicle In Nigeria by oliverjiad(m): 7:52am On Jul 11, 2023
grin
ojeysky:


That's how the meeting will continue until noting is done....they increased without notice now when it's time to reduce na so so meeting grin
Re: Total Cost Of Clearing A Vehicle In Nigeria by Nettuno: 5:21pm On Jul 11, 2023
Nettuno:
Please how much will clear 2011 Highlander via Sallaum?
Re: Total Cost Of Clearing A Vehicle In Nigeria by oliverjiad(m): 7:37pm On Jul 11, 2023
Nettuno:

with #2.950m would get it cleared

Jaid
Re: Total Cost Of Clearing A Vehicle In Nigeria by cs101: 8:50am On Jul 13, 2023
oliverjiad:
for now nothing of such

But Ill advice if ure having consignment at the port please kindly carry on with your Agent to clear your goods,all we hear is meeting,meeting

Jaid

pls how much to clear 2014 corolla via grimaldi
Re: Total Cost Of Clearing A Vehicle In Nigeria by oliverjiad(m): 8:59am On Jul 13, 2023
cs101:


pls how much to clear 2014 corolla via grimaldi
with #1.7m would get it cleared

Jaid

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