17 November 2013

Importation of vehicles - Ghana News


The following information was simply copied from a customs guide book, but it was not meant to be easy reading.  
One gets the impression that they don't want you to know actual cost, that there is some other conspiracy going on, other than gauging out your pockets.  If it doesn't make sense to you, don't be surprised.  The best route would be to hire a reputable clearing agent and pay their fee instead of all the hidden fees that will surface if you deal directly with customs. 


Type of Vehicle
Import Duty
VAT
NHIL
Ecowas
EDIF Levy
Exam Fee
Proceed
Fee
cylinder capacity under 1900cc
5%
12.50%
2.50%
0.50%
0.50%
1%
 
cylinder capacity between
1900cc - 3000cc
10%
12.50%
2.50%
0.50%
0.50%
1%
 
cylinder capacity upwards 3000cc
20%
12.50%
2.50%
0.50%
0.50%
1%
 
Vans with 10+ seats
5%
12.50%
2.50%
0.50%
0.50%
1%
 
Buses with 30+ seats
0%
12.50%
2.50%
0.50%
0.50%
1%
1%
Pick up trucks, tippers & lorries
5%
12.50%
2.50%
0.50%
0.50%
1%
 
Motor Bikes
0%
12.50%
2.50%
0.50%
0.50%
1%
1%
Bicycles
0%
0%
0%
0.50%
0.50%
0%
1%
  
Note:
  • CIF is cost of the vehicle, insurance cost and freight cost.
  • Import duty is based on the CIF value
  • VAT is based on CIF + Duty
  • Remaining categories based on CIF
  • Vehicles older than 10 years will attract additional penalties

Valuation of vehicles:
  • 6 months old- based on purchase price
  • 1.5 years old- 85% of purchase price
  • 2.5 years old- 75% of purchase price
  • 5 years old-  65% of purchase price
  • 5-10 years old- 50% of purchase price

Reference: info-ghana.com