Fast track clearance Nigeria is the best cargo-clearing scheme ever. What really is fast track clearance Nigeria? How does it work? Who is qualified for fast track clearance? Or rather, how does one qualify for fast track cargo clearance? What are the benefits of clearing goods on fast track basis? Answers to these questions is what inspired this piece of information. Read on, as we answer point by point. Meanwhile, feel free to contact us today for hassle-free cargo handling.
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What is fast track clearance Nigeria?
Are you a regular importer or exporter into Nigeria? Have you cleared at least one hundred units of containers in the last three years into Nigeria? Is your company compliant to roles governing imports to Nigeria? Are you free from litigations with the Nigeria Customs Services? If so, you might qualify for fast track clearance scheme in Nigeria.
Fast track clearance Nigeria refers to an approval by the Nigeria Customs to move goods out of ports on arrival, without waiting. Goods on fast track do not wait for port examinations. Such goods undergo Customs process at the importers premises or warehouse. Therefore, the ultimate reason to fast track the goods delivery on arrival from the ports to the production premises is to save time and cost. Contact us via call and WhatsApp on +2349075526276 to reduce cargo-handling costs in Nigeria.
Who is qualified to seek fast track clearance?
The following entities are free to seek for fast track clearance approval with the Nigeria Customs Services.
- Private bonded warehouse
- Registered importer/manufacturer
- Compliant importer with minimum of 100 containers per annum in last three (3) years.
Furthermore, the company for fast track consideration must be of high repute with the Nigeria Customs. They must be irreprehensible. Below is a summary of the eligibility criteria that companies in the three categories above must meet to qualify for fast track clearance scheme.
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Eligibility criteria for fast track clearance scheme
- Compliance history: The Company must have a good compliance record with the NCS.
- Timely duty payment: The Company must have a history of timely duty payment.
- Accurate declaration: The Company must have a record of accurate declaration of goods.
- No pending litigation: The Company must not have any pending litigation with the NCS.
What are the goods for fast track clearance Nigeria?
Fast track goods are restricted to the below list:
- Firstly, raw materials
- Secondly, industrial machinery
- Lastly, industrial spare parts
Thus, that a company has a fast track cargo clearance approval does not mean that he can use it for all kind of imports. Such import must fall in the three categories above.
What are the requirements to apply for fast track?
The applicant for fast track clearance Nigeria must write a formal application to the Controller Nigeria Customs, via an area command. Thus, to apply for Fast Track with the Nigeria Customs Service (NCS), a compliant business entity should follow these steps:
- Formal application
- Certificate of incorporation
- Memorandum and article of association
- Site plan and premise’s plan
- Sketch diagram of the location.
- Proof of membership to manufacturers association
- Vehicle particulars
- Equipment and apparatus
- 3years SGD and bill of lading of previous importations (must sum up to at least 100 hundred containers).
- Inspection report from the area.
- Auditor’s report statement of account
- Tax clearance certificate, covering current year.
How to utilize fast track clearance Nigeria
To utilize an approved fast track clearance, the clearing agency must be knowledgeable on how the scheme works. We are have the best knowledge to clear goods in the most cost effective way. Contact us today. Below are few steps (not in any other), that the agent must follow:
- Ensure PAAR is in place before goods arrive the port.
- Assess SGD and pay duty as soon as the rotation number is out.
- Submit SGD for releasing of inspection ACT at Customs Processing Centre (CPC) for fast-track beneficiary.
- Simultaneously submit letter emanating from the command to the Customs Federal Operation Unit – FOU covering the area for escort arrangement.
- With the Inspection ACT from CPC, the agent submits for terminal exit note at the terminal.
- Arrange with the Post Clearance Audit (PCA) unit of NCS to inspect goods at the importer’s warehouse.
CONCLUSION
The fast track clearance Nigeria applies to the delivery of the goods upon arrival of the carrying vessel and discharge of the cargo at the port. The essence is to save or minimize clearance time. Consequently, fast track avoids delays, demurrage and reduces storage charges at the port. With fast track, customs physical examination takes place at the importer’s warehouse prior to release for use.. Lastly, fast track is for industrial raw materials, machineries and spares. Certain sensitive cargo and perishable goods may be allowable for fast track at Customs discretion.
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What we can do for you
Vagmon e-Grup & Logistics Ltd is a leading cargo clearing and forwarding company in Nigeria.
HERE IS WHAT WE DO IN BRIEF:
- SON Product Certificate and SONCAP
- Form M.
- PAAR.
- Import cargo clearance.
- Export cargo clearance.
- Cargo pickup and shipping worldwide.
- Cargo trucking from port to door.
- NERC, NAFDAC, NAQS Import Permits.
- Duty waivers – IDEC, for qualified goods.
- Temporary Importation Permit- TI.
- Fast track application and utilization
We are Vagmon e-Grup & Logistics Ltd. Our team takes up goods from supplier’s warehouse, and do the booking and booking confirmation. We do all export documentation and procedure, and export goods to all African countries. Equally, we do all import documentation and procedures in the destination country. In addition, we handle clearance from the arrival port. Finally, we do local haulage to warehouses, offshore, or final destination of interest. Why not click here to contact us today.