Customs demands excise duty on soft drinks

Hameed Ali
Hameed Ali, Comptroller-General, Nigeria Customs Service.

 

The Nigeria Customs Service (NCS) has called on the Federal Government to broaden its excise tax net to include carbonated drinks.

Customs Comptroller-General, Hameed Ali, made the call at a public hearing by the House of Representatives Committee on Finance on Thursday.

He said the move would help the service step up its efforts in revenue collection to meet up its revenue target.

According to him, as at present, excise duty is being collected on alcoholic beverages and tobacco because of their effects on health.

He, therefore, said that carbonated drinks are also injurious to health like tobacco and alcohol, saying as such; they should be included in excise duty payable commodities.



Copyright Ships & Ports Ltd. Permission to use quotations from this article is granted subject to appropriate credit given to www.shipsandports.com.ng as the source.