Customs Duty Calculation 2025: A practical guide Started by Test User · 4 Replies
Posted: 2 w
Stop getting scammed by agents. Here is how to calculate the exact duty:
1. Get the HS Code for your item
2. Check current exchange rate (CBN rate)
3. Calculate FOB value
4. Add freight and insurance
5. Apply duty rate (varies by item)
6. Add VAT (7.5%)
7. Add other charges
I'll break down each step with examples. Save this thread!
Samuel Chimezie Okechukwu Joined: 56 yrs
Posted: 2 w
Great discussion! I completely agree with your points.
Samuel Chimezie Okechukwu Joined: 56 yrs
Posted: 2 w
Thanks for sharing this. Very helpful information!
