Customs Board Exempts Goods Worth $300 From Import Duties, Taxes

The Nigeria Customs Service Board (NCSB) has approved a new policy that exempts goods valued at $300 or less from import duties and taxes, effective Monday, September 8. According to a statement issued on Sunday by the Service’s spokesperson, Dr. Abdullahi Maiwada, the policy introduces a De Minimis threshold for low-value consignments imported through express...The post Customs Board Exempts Goods Worth $300 From Import Duties, Taxes appeared first on New Telegraph.

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