Information on Importation of Vehicles
The following information was simply copied from a customs guide
book, but it was not meant to be easy reading. One gets the impression
that they don't want you to know actual cost, that there is some other
conspiracy going on, other than gauging out your pockets. If it doesn't
make sense to you, don't be surprised. The best route would be to hire a
reputable clearing agent and pay their fee instead of all the hidden fees that
will surface if you deal directly with customs. A short list of clearing
agents are:
-
Compact- (233-302) 772-632
www.compactmovers.com
-
Adom Shipping & Trading Co.- (233-303) 210-405 or 213-241
-
Delmas Agencies- (233-303) 202-332
-
Ewald Gh. Ltd- (233-303) 204-669 or 213-688
-
Toti-Berg Freight- (233-303) 211-152
The following taxes apply:
| Type of Vehicle |
Import Duty |
VAT |
NHIL |
Ecowas |
EDIF Levy |
Exam Fee |
Process Fee |
| cylinder capacity under 1900cc |
5% |
12.5% |
2.5% |
.5% |
.5% |
1% |
- |
cylinder capacity between
1900cc - 3000cc |
10% |
12.5% |
2.5% |
.5% |
.5% |
1% |
- |
| cylinder capacity upwards 3000cc |
20% |
12.5% |
2.5% |
.5% |
.5% |
1% |
- |
| Vans with 10+ seats |
5% |
12.5% |
2.5% |
.5% |
.5% |
1% |
- |
| Buses with 30+ seats |
0% |
12.5% |
2.5% |
.5% |
.5% |
1% |
1% |
| Pick up trucks, tippers & lorries |
5% |
12.5% |
2.5% |
.5% |
.5% |
1% |
- |
| Motor Bikes |
0% |
12.5% |
2.5% |
.5% |
.5% |
1% |
1% |
| Bicycles |
0% |
0% |
0% |
.5% |
.5% |
0% |
1% |
Note:
- CIF is cost of the vehicle, insurance cost and freight cost.
- Import duty is based on the CIF value
- VAT is based on CIF + Duty
- Remaining categories based on CIF
- Vehicles older than 10 years will attract additional penalties
Valuation of vehicles:
- 6 months old- based on purchase price
- 1.5 years old- 85% of purchase price
- 2.5 years old- 75% of purchase price
- 5 years old- 65% of purchase price
- 5-10 years old- 50% of purchase price
Contacts:
|
Information on Importation of Vehicles
The following information was simply copied from a customs guide
book, but it was not meant to be easy reading. One gets the impression
that they don't want you to know actual cost, that there is some other
conspiracy going on, other than gauging out your pockets. If it doesn't
make sense to you, don't be surprised. The best route would be to hire a
reputable clearing agent and pay their fee instead of all the hidden fees that
will surface if you deal directly with customs. A short list of clearing
agents are:
-
Compact- (233-302) 772-632
www.compactmovers.com
-
Adom Shipping & Trading Co.- (233-303) 210-405 or 213-241
-
Delmas Agencies- (233-303) 202-332
-
Ewald Gh. Ltd- (233-303) 204-669 or 213-688
-
Toti-Berg Freight- (233-303) 211-152
The following taxes apply:
| Type of Vehicle |
Import Duty |
VAT |
NHIL |
Ecowas |
EDIF Levy |
Exam Fee |
Process Fee |
| cylinder capacity under 1900cc |
5% |
12.5% |
2.5% |
.5% |
.5% |
1% |
- |
cylinder capacity between
1900cc - 3000cc |
10% |
12.5% |
2.5% |
.5% |
.5% |
1% |
- |
| cylinder capacity upwards 3000cc |
20% |
12.5% |
2.5% |
.5% |
.5% |
1% |
- |
| Vans with 10+ seats |
5% |
12.5% |
2.5% |
.5% |
.5% |
1% |
- |
| Buses with 30+ seats |
0% |
12.5% |
2.5% |
.5% |
.5% |
1% |
1% |
| Pick up trucks, tippers & lorries |
5% |
12.5% |
2.5% |
.5% |
.5% |
1% |
- |
| Motor Bikes |
0% |
12.5% |
2.5% |
.5% |
.5% |
1% |
1% |
| Bicycles |
0% |
0% |
0% |
.5% |
.5% |
0% |
1% |
Note:
- CIF is cost of the vehicle, insurance cost and freight cost.
- Import duty is based on the CIF value
- VAT is based on CIF + Duty
- Remaining categories based on CIF
- Vehicles older than 10 years will attract additional penalties
Valuation of vehicles:
- 6 months old- based on purchase price
- 1.5 years old- 85% of purchase price
- 2.5 years old- 75% of purchase price
- 5 years old- 65% of purchase price
- 5-10 years old- 50% of purchase price
Contacts:
|
