Customs and Excise Management Act
The Customs and Excise Management Act provides the legal framework for the administration of customs and excise duties in Nigeria. It establishes the Nigeria Customs Service and defines its powers and duties in relation to the collection of import and excise duties, the prevention of smuggling, and the regulation of international trade.
Legal area: Law governing the assessment, collection, and administration of taxes.
Year enacted: 2004
Full text: https://lawsofnigeria.placng.org/laws/customs-and-excise-management-act.html
Key Provisions
- Part II: Establishment and powers of the Nigeria Customs Service
- Part III: Collection of import and excise duties
- Part IV: Powers of customs officers including search, seizure, and detention
- Part VI: Offences relating to smuggling and customs fraud
- Section 43: Classification and valuation of imported goods
- Section 167: Penalties for false declarations and smuggling
Significance
The Customs and Excise Management Act is a key statute for Nigeria’s international trade regime. It empowers the Nigeria Customs Service to collect revenue and regulate imports, contributing significantly to government revenue.