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Apapa Area 1 Customs Command generates N20.7 bn in November

The Apapa
Area 1 Command of the Nigeria Customs Service (NCS) has said it collected N20.7
billion as revenue in the month of November.

This is
contained in the command’s revenue report issued in Lagos and signed by the Acting
Area Controller, Deputy-Controller Maitizumahs Gwani.

OnepageAfrica reports that the figure is about N3 billion below what
was collected in the month of October.

The report
showed that N11.09 billion went into the Federation Account in November.

The amount comprises import duty, fees and Common External Tariffs (CET).

It said that under the Non-Federation Account,
the command generated N9.6 billion from Value Added Tax (VAT); 7 per cent Port
Levy, and 0.5 per cent ECOWAS Trade Liberalisation Scheme (ETLS).

According to
the report, other sources of revenues into the Non-Federation Account are one
per cent Comprehensive Import Supervision Scheme (CISS), National Automotive
Council (NAC), levies on rice, iron, sugar and wheat grain.

The report
also indicated that N1 million was collected from the Negotiable Duty Credit
Certificate (NDCC).

The NDCC is
a document accepted for duty payment from importers who bring in materials for
production purposes.

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