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CUSTOMS CLARIFIES DUTIES PAYABLE BY AIRLINES

The Nigeria Customs Service (NCS) says airlines registered in Nigeria and providing commercial air transport services are entitled to duty-free importation of their aircrafts, engines, spare parts and components purchased or leased.

This is in response to a report in some sections of the media quoting the chairman of air peace airline alleging that customs is still collecting duty and vat in defiance to the federal government’s executive order on commercial airplanes and spare parts.

The public relations officer of the service, Joseph Attah in a statement, explains that section 39 of the second schedule of the finance act as amended does not grant concession on ECOWAS trade liberalization scheme (etls) and comprehensive imports supervision scheme (CISS).

He says the act grants exemptions to customs duty and vat only, adding that such imports are therefore still required to pay appropriate charges on ECOWAS trade liberalization scheme (etls) and comprehensive imports supervision scheme (CISS).

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