4.0 DETAILS OF SERVICES RENDEREDCustoms generally play a pivotal role in the economic life of any country.There is hardly any sector of the economy that is not directly or indirectly affected by the activities of Customs. The functions of theNigeria Customs Service include, but not limited to the following:1.
Collection of Revenue (Import/Excise Duties and other taxes) andaccounting for same;2.
Generating statistics for planning and Budgetary purposes;5.
Monitoring Foreign Exchange utilization etc.;6.
Engaging in Research, planning and Enforcement of Fiscal policies ofGovernment;7.
Licensing and registration of Customs Agents;9.
Registration and designation of collecting banks; and10.
Working in collaboration with other government agenciesin all approved ports and border stations.In addition, the service collects revenue on behalf of other agencies. Suchrevenue in collection include:1.
7% Port Surcharge: collected on behalf of Nigerian Port Authority.2.
5% Vat: For Inland Revenue Service.3.
2% NAC: Fund for National Automobile Commission.4.
0.5% ETLS:ECOWAS Trade Liberalization Scheme5.
1% NESS: National Export Supervision Scheme6.
10% Sugar levy: On sugar 7.
50% Rice levy: On rice8.
1% CISS: Comprehensive Import Supervision SchemeTIME FRAMES FOR SERVICES RENDERED
By the newly introduced fast clearing procedure, it takes 48 hours to clear goods from time of lodgment of SGD to final delivery at exit gate.
To process license is done periodically at times once in two or three years.Application are forwarded through the operating areas to the Headquarter,the process takes about three weeks.
While the renewal is between 1
November to 31
march of the followingyear and it takes about 2 weeks.