Customs make N68bn from manufacturers in six months – TrendyNewsReporters
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Customs make N68bn from manufacturers in six months

The Nigeria Customs Service said that it collected a total of N68bn from manufacturers of beer, spirits and other alcoholic drink, between January and June 2022.

The National Public Relations Officer, NCS, Timi Bomodi, announced this in a statement recently.

He also said that in June, the service commenced collection from producers of carbonated and sugary drinks.

The statement read in part, “Excise duty being tax levied on the manufacture, sale and consumption of goods under excise control was collected through 22 Commands of the Service. A total of N68bn was collected from manufacturers of beer, spirits and other alcoholic beverages, cigarettes and tobacco among other products from January to June, 2022”

“Also in the month of June, the Service commenced collections from extant traders producing carbonated and sugary drinks newly added under schedule 5 of the CET. So far, the Service has collected more than one billion Naira in the month of June from carbonated and sugary drinks “

The statement further said, “Other revenues from telecommunication (call and data) and digital network services are yet to be collected. NCS is expected to start collecting revenue on these products and services as soon as the modalities for collection are put in place. Duties from these revenue sources are expected to boost our collections in the current year”

Daniel

Graphic Designer/ Content Writer

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