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Customs Suspends 846 Vehicle Valuation System: SEREC Calls for Urgent Relief for Clearing Agents

πŸš— Customs Suspends 846 Vehicle Valuation System: SEREC Calls for Urgent Relief for Clearing Agents

 

In a significant development impacting the Nigerian automobile import ecosystem, the Nigeria Customs Service (NCS) has temporarily suspended the use of the 846 Vehicle Valuation System, a digital tool previously mandated for vehicle clearance. The suspension has led to confusion among clearing agents, particularly at the Tin Can Island Ports.

The Sea Empowerment Research Center (SEREC) has intervened, calling on the Federal Ministry of Finance and NCS to grant a 90-day waiver window for vehicle importers and clearing agents who were already processing vehicles under the 846 regime before its abrupt halt.

Key Issues and Impacts

Disruption of ongoing clearances: Several clearing agents in Tincan, Apapa Nigeria, have found their operations stalled, with vehicles stuck at terminals due to the sudden procedural change.

Documentation bottleneck: The removal of the valuation platform has created a backlog of applications, increasing the risk of demurrage and storage penalties.

Urgent policy clarity needed: SEREC has stressed that the suspension, if not handled with a transition framework, could hurt both government revenue and importers’ trust in regulatory predictability.

What This Means for Importers and Clearing Agents

For businesses engaging in vehicle imports, this disruption underscores the importance of working with licensed and reliable freight forwarding partners as staying updated with customs policies is essential.

Partnering with experienced freight forwarding agents in Nigeria can help ensure documentation accuracy, speed up responses to procedural shifts, and minimize exposure to port-related financial losses.

Professional Support for Navigating Customs Changes

At Clearcargonigeria, we provide up-to-date advisory and full logistics support tailored to evolving customs procedures. Whether you’re dealing with stalled clearing of vehicles, shifting valuation protocols, or the complexities of international freight forwarding, count us worthy.

Need help with your vehicle clearance today?

Request a FreeQuote or Contact-Us Now β€” and let our experts handle the complexities while you focus on growing your business.

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