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Importation of Vehicles

Importation of Vehicles

Importation of Vehicles

access_time November 18, 2011 chat_bubble_outline 4 comments
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A short list of clearing agents are:

  • Compact- (233-21) 772-632 www.compactmovers.com
  • Adom Shipping & Trading Co.- (233-22) 210-405 or 213-241
  • Delmas Agencies- (233-22) 202-332

  • Ewald Gh. Ltd- (233-22) 204-669 or 213-688

  • Toti-Berg Freight- (233-22) 211-152

The following taxes apply:

Type of Vehicle Import Duty VAT NHIL Ecowas EDIF Levy Exam Fee Process Fee
cylinder capacity under 1900cc 5% 12.5% 2.5% .5% .5% 1%
cylinder capacity between
1900cc – 3000cc
10% 12.5% 2.5% .5% .5% 1%
cylinder capacity upwards 3000cc 20% 12.5% 2.5% .5% .5% 1%
Vans with 10+ seats 5% 12.5% 2.5% .5% .5% 1%
Buses with 30+ seats 0% 12.5% 2.5% .5% .5% 1% 1%
Pick up trucks, tippers & lorries 5% 12.5% 2.5% .5% .5% 1%
Motor Bikes 0% 12.5% 2.5% .5% .5% 1% 1%
Bicycles 0% 0% 0% .5% .5% 0% 1%

Note:

  • CIF is cost of the vehicle, insurance cost and freight cost.
  • Import duty is based on the CIF value
  • VAT is based on CIF + Duty
  • Remaining categories based on CIF
  • Vehicles older than 10 years will attract additional penalties

Valuation of vehicles:

  • 6 months old- based on purchase price
  • 1.5 years old- 85% of purchase price
  • 2.5 years old- 75% of purchase price
  • 5 years old-    65% of purchase price
  • 5-10 years old- 50% of purchase price

Contacts:

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