The retail sale price is important to businesses because it is used to calculate import duty. Import duty is a tax that is levied on goods that are imported into a country. The amount of import duty that a business must pay is based on the value of the good or service, as well as [&hellip
Read Full ArticleIt is already a fact that no importer or exporter moves around internationally without having an encounter with the Customs officers. Most times, you sail through without issues, but others are not as lucky. In this post, we show you how to reclaim your package from Customs if your package has
Read Full ArticleEverything in Customs Clearance is about proper documentation. To this, no importer can do without dealing with customs documents. As a matter of fact, customer clearance involves the preparation and submission of documents required to facilitate export or imports into the country.
Read Full ArticleHave you ever heard about a Customs Debit Note or ever being issued a notification of duty underpayment by the Nigeria customs? We explain in this post how to avoid customs debit note. A customs debit note usually come to fore during customs clearing processes where there is an
Read Full ArticleIn this post, we put together a simple guide on how to obtain Form M, why it is important for importation, how it is processed and obtained in Nigeria. The process of obtaining and processing the Form can be quite easy. It, however, requires adequate steps to get through. This requires
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