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Customs To Commence Collection Of New Excise Duties In Kwara State

Customs To Commence Collection Of New Excise Duties In Kwara State

Customs To Commence Collection Of New Excise Duties In Kwara State

Customs To Commence Collection Of New Excise Duties In Kwara State

The increased excise taxes on alcoholic beverages and cigarettes will start to be collected from factories in the state, according to the Nigeria Customs Service’s Kwara area command.

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According to a statement released by the command on Thursday in Ilorin, the excise taxes fell under the federal government’s authorized budgetary policy measures for 2022.

Supplementary Protection Measures for the ECOWAS Common External Tariff 2022–2026 are included in the fiscal policy. Additionally, it included excise taxes of N10 per liter beginning on April 1, 2022, on non-alcoholic beverages, cigarettes, and tobacco goods.

The policy provided a grace of 90 days to enable the excise factories producing non-alcoholic beverages and cigarettes to key into the new directive, which commenced on June 1, 2022.

Customs To Commence Collection Of New Excise Duties In Kwara State

The command comptroller, Aliyu Bello, who visited the excise factories in Kwara, said it was to ascertain their production level and compliance with the Customs extant laws.

The companies visited were the International Tobacco Company, Peace Standard Pharmaceutical Industries, Seven UP Bottling Company, Remitola International Multi Biz, and Orion Agro Industries Ltd. Others visited were Donswep Industries Ltd, Njoku Global Ventures, Ascodin Nigeria Enterprises, and Neolman Food and Beverages Nigeria Ltd.

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”The familiarisation tour is aimed at bringing all the excise factories under control and to equally block all leakages. We will continue to take deliberate steps to work with excise factories and other critical stakeholders to reposition the command,” Mr. Bello stated. “We will not relent on any effort to ensure total conformity to prompt payment of excise duties.”

The comptroller demanded transparency and openness by the companies, warning them against short-changing the government.

He advised the companies to ensure strict compliance with the new tax regime.


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