Regulatory Alerts2009-02-16 | TED-FEM-FPC-GEN-01-020Documentation At The Stage of Clearing Goods: Use of Electronic Form 'M' (XML Copy) For The Purpose of Clearance of Goods.
The Nigerian Federal Government has approved the use of electronic Form 'M' (XML format) by the Nigeria Customs Service for goods clearance purposes at entry points. This means importers no longer need to submit hard copies of Form 'M' for documentation requirements, effective from the date of this circular. However, hard copy will still be required for import registration at Authorised Dealer Banks. All stakeholders and public are requested to comply with this new directive.
09-616 37830 09-616 37816 e-mail-address: ted@cenbank.org TED/FEM/GEN/FPC/01/019 February 16, 2009 TO: THE NIGERIA CUSTOMS SERVICE (NCS), AUTHORISED DEALER BANKS AND THE GENERAL PUBLIC
DOCUMENTATION AT THE STAGE OF CLEARING GOODS: USE OF ELECTRONIC FORM M' (XML COPY) FOR THE **PURPOSE** OF CLEARANCE OF **GOODS** In the continued effort to improve the turn around time for clearance of goods at the ports, notice is hereby given that Federal Government has approved the use of electronic Form M' (i.e. XML format) by the Nigeria Customs Service for the purpose of clearance of goods at entry points. Accordingly, importers will no longer be required to submit hard copies of Form M' to the NCS as part of the documentation requirements for goods clearance with effect from the date of this circular. For the avoidance of doubt, hard copy of the Form M' will continue to serve as part of documentation for import registration at the desks of Authorised Dealer Banks. All stakeholders and the general public are hereby enjoined to ensure compliance.
Batari Musa Ag. DIRECTOR TRADE AND EXCHANGE DEPARTMENT