BUSI­NESS Cus­toms gives con­ces­sion­aires a week to pay du­ties

Daily Trust - - NEWS -

The Nigeria Cus­toms Ser­vice (NCS) yes­ter­day gave de­fault­ing im­porters a week long ul­ti­ma­tum to pay their ac­cu­mu­lated du­ties. NSC dis­closed this in a state­ment is­sued by its Na­tional Pub­lic Re­la­tions Of­fi­cer, Mr. Wale Adeniyi.

The state­ment said that the Cus­toms Ser­vice would pub­lish in na­tional dailies, list of ben­e­fi­cia­ries of duty pay­ment con­ces­sions who de­faulted in hon­our­ing their obli­ga­tions.

It also said that the NCS had es­tab­lished N1.6bn as out­stand­ing against three ben­e­fi­cia­ries who con­tra­vened the reg­u­la­tions on tem­po­rary im­por­ta­tion.

NSC said that it had also re­cov­ered N2.5bn from un­paid as­sess­ments and unuti­lized Risk As­sess­ment Re­ports (RARs) by its re­cov­ery team, adding that the team had over 2,000 com­pa­nies un­der in­ves­ti­ga­tion, and that an un­paid as­sess­ment of those com­pa­nies was un­der­go­ing a com­pre­hen­sive au­dit. The in­ves­ti­ga­tion, the state­ment said, would serve as ev­i­dence of RAR util­i­sa­tion and duty pay­ments. It quoted the Comp­trol­ler-Gen­eral of Cus­toms, Dikko Ab­dul­lahi to have said that ma­jor­ity of the de­fault­ers were given the op­por­tu­nity to spread their pay­ment at their con­ve­nience.

The state­ment said the de­vel­op­ment was to al­low the im­porters, with var­i­ous forms of de­ferred pay­ment con­ces­sions, to avoid ac­cu­mu­la­tion of de­mur­rage and fa­cil­i­tate trade.

Ac­cord­ing to the state­ment, the RARs were still hang­ing in the sys­tem long af­ter the de­par­ture of the ser­vice providers who is­sued them.

“We can no longer tol­er­ate them abus­ing the priv­i­lege. We are re­mind­ing the banks that their bonds were pro­vided to guar­an­tee pay­ment of cus­toms duty.

“We have given de­fault­ers only one week to pay all out­stand­ing du­ties, fail­ure of which their names will be pub­lished in the na­tional dailies,” the state­ment said.

It also di­rected that the bank bonds se­cured to cover the de­fault­ing trans­ac­tions be con­verted to duty pay­ments at the ex­pi­ra­tion of the grace pe­riod. (NAN)

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