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Nigeria reduces import adjustment tax on new vehicles
On July 1, the Nigeria Customs Service (NCS) announced that the Federal Government had simultaneously reduced the import adjustment tax (levies) on new vehicles from 20% to 10%, while on used vehicles, it was cut from 15% to 5% to cushion the impact of the environmental surcharge.
The Nigeria Customs Service (NCS) ha....
The Nigeria Customs Service (NCS) ha....
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