PAAR saves you from unwanted stress with Port Agencies in Nigeria Port. With the Following shipping guidelines, you will find out the meaning of PAAR, How to Process PAAR in Nigeria, How long it takes in processing, and Nigeria Customs Import duty.
What is PAAR?
PAAR stands for Pre-Arrival Assessment Report.
A valid PAAR report approved by Nigeria Custom Service (NCS) is required to clear goods entering Nigeria.
Upon reception of final documents, the commercial bank having opened the Form M will complete online an electronic PAAR Consignment form and will submit it to Nigeria Customs Service (NCS) via the Nigeria Single Window Trade Portal, together with scanned copies of final documents.
How to Process PAAR in Nigeria
- The Nigeria Custom Service (NCS) receives the E-Form M with other necessary pre-import documents from the Authorized Dealer Bank and carries out preliminary preview using the information provided.
- The E-Form M where accepted is registered on the system by the Nigeria Custom Service (NCS)
- Final import documents are sent by the Authorized Dealer Bank to the Nigeria Custom Service (NCS). The documents referred to are:
- The final invoice
- CCVO (Combined Certificate of Value and Origin).
- Transport Document (Bill of Lading/Airway Bill/Roadway Bill)
- Packing List
- Nigeria Customs Service (NCS) generate the PAAR
- The PAAR, the Final Invoice, the Bill of Lading (with other final documents) in addition to the regulatory documents, e.g. the SONCAP Certificate (where the item is SON regulated), are used in the clearance of goods at any Nigerian port.
How Long Will it Take to Process Pre-Arrival Assessment Report (PAAR)?
It does not take much time to process PAAR, provided you have all the documents required. The document required are as follows:
- Form M
- Air Way Bill/Bill of Ladin
- SONCAP /Import Permit/NESREA Certificate, NAFDAC etc.
- Commercial Invoice
- Packing List
- Combine Certificate of Value & Origin (CCVO)
Read Also: Customs Clearance in Nigeria (Air & Sea).
Nigeria Custom Import duty & other taxes
Import duty and taxes are due when importing goods into Nigeria whether by a private individual or a commercial entity. The valuation method is CIF (Cost, Insurance and Freight), which means that the import duty and taxes payable are calculated on the complete shipping value, which includes the cost of the imported goods, the cost of freight, and the cost of insurance. In addition to duty, imports are subject to sales tax and other taxes specific to certain commodities such as excise, sugar levy, rice levy, cigarettes levy, and automotive levy.
Duty Rates
Duty rates in Nigeria vary from 0% to 35%, with the average duty rate at 16.96%. Some products can be imported free of duty (e.g. books).
Sales Tax
VAT is levied on imports at a standard rate of 5% on the sum of the CIF value, duty, and excise and other taxes if applicable.
Minimum Thresholds: There is no minimum threshold in Nigeria. Therefore, imports are subject to duty and taxes regardless of their value.
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Let’s Guide You Through The Process
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