NIGERIA CUSTOMS SERVICE ACT, 2023

Section 62: Goods of preferential origin

2023Section 62 of 283Federal Republic of Nigeria

1 Subject to the laws applicable to the rules of preferential origin, all goods originating in the customs territory of preferential agreement shall be presumed to have the status of preferential origin, unless the contrary is provided.

2 The Service shall by regulations provide for -
a exceptions to the provision of subsection (1);
b means by which the customs status of Economic Community of West African States goods may be established; and
c how goods which originated from Economic Community of West African States can be differentiated from goods, when placed under certain customs procedures, are not Economic Community of West African States goods.

3 Economic Community of West African States goods shall become non-Economic Community of West African States goods where the -
a goods have moved out of the customs territory of Economic Community of West African States;
b declaration for release of the goods for free circulation is invalidated after release in accordance with the provisions of this Act; and
c goods are placed in a customs procedure inconsistent with the status of Economic Community of West African States goods, as may be determined by regulations.

Cite this section

Section 62, NIGERIA CUSTOMS SERVICE ACT, 2023 (2023).

https://repo.podus.ai/laws/nigeria-customs-service-act-2023/section/62/