The National Council of Managing Directors of Licensed Customs Agents, (NCMDLCA), has stated that the National Automotive Council levy (NAC levy) of 15% is not included in either the 2020 or 2021 Finance Acts passed by the National Assembly and signed into law, making its implementation by the Nigeria Customs Service (NCS) illegal. The NCMDLCA President, Lucky Amiwero, stated in a letter to President Muhammadu that the NAC levy was not included in the NAIDP’s 10-year implementation plan, which was approved by the Federal Executive Council (FEC) on October 2,…
Read More“15% NAC levy on ‘Tokunbo’ vehicles illegal”, Clearing Agents tell FG
