Nigeria Import Regulation for Japan Used Cars

Nigeria Import Regulation for Japan Used Cars

Japan Used Car Import Duty / Regulation in Nigeria

 

Year Restrictions
Max. 8 Years Old
Destination Port
Apapa and Lagos
Time of Shipment
RoRo (34-44 Days)
Vessel Schedule
RoRo (Monthly)
Shipping Line
---
Inspection
Not Required

 

Shipping Port:

Apapa and Lagos are the ports where used cars from Japan are imported.

 

Age Restriction :

The cars should not be more than 8 years old from the date of first registration.

 

Left Hand Drive Cars:

The used cars from Japan imported to Nigeria should be Left Hand Drive.

 

Documents required :

To claim any goods at Nigerian ports, the following documents must be presented to officials of the Customs and Excise Department.

  • Bill of lading.
  • Bill of entry.
  • Approved Form M.
    Form "M" should be processed by any person importing used cars into Nigeria through any authorized commercial/merchant bank. The authorized banks shall be responsible for delivering all Forms "M" (including those for imports excluded from inspection) to the appointed inspection agent's liaison offices in Nigeria.
  • Marine insurance policy (issued by a Nigerian insurance firm).
  • Evidence of payment of VAT.

 

Taxes and Duties:

Custom Duties applicable on the vehicles:

  • Cars :- 30%
  • Buses :- 15%
  • Trucks :- 30%
  • CKD (Complete Knocked Down vehicles) :- 5%

 

Taxes applicable on the import of used cars are as below:

  • CISS (Comprehensive Import Supervision Scheme) :- 1%
  • NAC (National Automotive Council) :- 2%
  • VAT (Value Added Tax) :- 5%
  • ETLS (Ecowas Trade Liberalization Scheme) :- 0.5%
  • Sub Charge and Duty Payable

 

 

Share post