Apart from a few items which are exempted from payment of Custom Duties, all imports attract Import Duties, Import VAT, National Health Insurance Levy. Other Levies e.g. ECOWAS Levy, Export Development and Investment Levy may be levied on some specific commodities. Import Excise is also levied as an additional tax on some selected commodities.

Import Duty is calculated on the Cost Insurance and Freight (CIF) value of the commodity whilst Import VAT is calculated on the Duty-Inclusive value of the goods.

It is important to note that different rates of Duty apply to all imports whereas VAT is a flat rate. Details of current of rates of Duty for all Imports can be found in the HARMONISED COMMODITY CODES & TARIFF SCHEDULES, which can be purchased from CEPS offices.