by Stephen Ayemenre | Jul 12, 2019 | Uncategorized
Shipping glossary is a list of terms and acronyms in shipping, freight forwarding, and logistics. Shipping glossary is more of a quick reference guide to ensure you never get tied up in transport terminology. Correct terminology and abbreviations in shipping glossary...
by Stephen Ayemenre | Jun 5, 2019 | Uncategorized
The Nigeria import prohibition list consist of the following details below : Live or Dead Birds including Frozen Poultry – H.S. Codes 0105.1100 – 0105.9900, 0106.3100 – 0106.3900, 0207.1100 – 0207.3600 and 0210.9900 Pork, Beef – H.S. Codes 0201.1000 –...
by Stephen Ayemenre | Jun 5, 2019 | Uncategorized
What is Form M has often been an issue to some who requires more detailed explanation. Form M is a mandatory statutory document to be completed by all importers for importation of goods into Nigeria. Form M is inevitable and very fundamental to Customs clearance and...
by Stephen Ayemenre | Jun 5, 2019 | Uncategorized
Calculation of import duty in Nigeria entails payment of import duty based on applicable H.S. code, 7% surcharge, 1% Comprehensive Import Supervision Scheme(CISS), 0.5% ECOWAS Trade Liberalization Scheme(ETLS), and 7.5% VAT which are to be made through one of the...
by Stephen Ayemenre | Jun 5, 2019 | Uncategorized
The guidelines for importers entails that any person intending to import physical goods into Nigeria shall in the first instance process Form M through any Authorized dealer bank irrespective of the value and whether or not payment is involved with the following...
