The Association of Nigeria Licensed Customs Agents (ANLCA) has directed its members and indeed, freight forwarders not to pay the 2 percent National Automotive Council (NAC) levy on imported used vehicles.
National Automotive Council (NAC) levy was a levy impose by the National Automotive Design and Development Council Act No. 6 of 2014 which was enacted to encourage locally manufactured vehicles in oder to encourage Nigerians to go for Nigerian assembled vehicles and to protect the locally manufacture ones.
Section 10 of the Act states that “The Council shall establish a fund which shall consist of two percent Cost, Insurance and Freight (CIF)value of all imported automotive Fully Built Units (FBU), automotive components spares and Semi -Knocked down (SKD) units.
The National Vice President of ANLCA, Dr. Kayode Farinto, in a statement made available to our correspondent in Lagos on Saturday disclosed that the provisions of Section 10 of the Act applied to those importing new vehicles and new spare parts and not importers of the used vehicles.
Farinto warned them not to pay NAC levy on imported used vehicles as there was no law compelling them to do so.
His words, “Professional colleagues, please do not pay any NAC levy on imported used vehicle as there is no law that compels you to do so.Let us collectively resist this. Should you see any NAC levy whenever you want to make your declaration, do not asses this declaration.”
He described the introduction of the levy as another attempt to swindle innocent Nigerians and force them to pay by those he described as the “fifth columnists.
“It is another attempt to swindle innocent Nigerians and force them to pay by some fifth columnists. Please, resist from Monday”, he urged them.
Photo: Dr. Kayode Farinto, National Vice President, ANLCA.
Send your press invite, news, press releases/articles to augustinenwadinamuo@yahoo.com. Also, follow us on Twitter @ptreporters and on Facebook on facebook.com/primetimereporters or call the editor on 07030661526, 08053908817.
