The Nigeria Customs Service Issues Guidelines for the Implementation of Zero Duty Rate on Some Basic Food Items

The Nigeria Customs Service (NCS) has released the guidelines for the implementation of the Zero percent (0%) duty rate and value added tax (VAT) exemption on selected basic food items. This is in furtherance of government’s policy to enhance food supply in the country and reduce the soaring prices of foodstuffs.

The special tax concession will be effective from 15 July 2024 to 31 December 2024.

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