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NIGERIAN EXPORT IMPORT BANK (NEXIS) OPERATING GUIDELINES FOR THE EXPORT DISCOUNTING & REFINANCING FACILITY (RRF) June 2016 II 1.0 Introduction To ensure continuous flow of credit to the export sector
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How to fill out nigerian export - import

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Nigerian export - import refers to the process of conducting trade activities involving the buying and selling of goods and services across international borders. To successfully fill out Nigerian export - import paperwork, you need to follow certain steps:
01
Gather the necessary documents: Before starting the process, ensure you have all the required documents such as a valid trade license, tax identification number, registration with relevant authorities, and any specific permits or licenses related to your products or services.
02
Identify your products or services: Determine the specific goods or services you intend to export or import. It is essential to have a clear understanding of the product category, its specifications, and any applicable international trade regulations or restrictions.
03
Determine the destination country and regulations: Research the target country's import regulations, including customs procedures, tariffs, and documentation requirements. This information is crucial as it will affect how you fill out the Nigerian export - import paperwork.
04
Complete the appropriate forms: There are various forms involved in the Nigerian export - import process, such as the Proforma Invoice, Bill of Lading, Certificate of Origin, and the Single Goods Declaration Form (SGDF). Carefully fill out each form accurately, providing all the necessary details about the goods or services being traded.
05
Ensure accurate classification and valuation: Properly classify your goods or services using the Harmonized System (HS) codes, which provide a standard international product classification. Additionally, accurately calculate the value of your goods or services for customs purposes, including any applicable duties or taxes.
06
Pay any required fees: Depending on the nature of the goods or services being exported or imported, certain fees may be applicable. These fees can include customs duties, tariffs, inspection charges, and administrative fees. Ensure you understand the financial implications and make the necessary payments.
07
Submit the paperwork: Once all the forms are completed and fees are paid, assemble all the required paperwork. Submit the paperwork to the relevant authorities, which may include customs offices, export promotion agencies, or other government entities involved in the export - import process.

Who needs Nigerian export - import?

01
Individuals or businesses involved in international trade: Whether you are an individual entrepreneur, a small business owner, or a large corporation, if you engage in buying or selling goods or services across international borders with Nigeria, you will need to understand and comply with Nigerian export - import requirements.
02
Exporters: Nigerian businesses looking to sell their products or services in foreign markets will need to navigate the export process. They need to be knowledgeable about the necessary paperwork, customs regulations, and international trade procedures to successfully export their goods.
03
Importers: Individuals or businesses looking to bring goods or services into Nigeria from other countries will also need to understand Nigeria's import regulations. They must comply with document requirements, pay applicable fees, and ensure smooth customs clearance for their imported goods.
In summary, filling out Nigerian export - import paperwork involves gathering the necessary documents, identifying the products or services, understanding destination country regulations, completing the appropriate forms accurately, paying any required fees, and submitting the paperwork. This process is essential for individuals or businesses involved in international trade, including exporters and importers.
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