NCS/ARS/VL/10365

We have received an application from your company requesting for an advance ruling on the customs valuation methodology to be applied on your shipment consisting of 121.5 Tonnes of Big Leaves Oat Flakes and 283.5 Tonnes of Small Leaves Oat Flakes   imported from Latvia.

 Your supporting documents have been reviewed and confirmation from the suppliers of your product has been obtained, accordingly, the Transaction Methodology that will be implemented to determine the customs duty and other charges of your shipment of Big Leaves Oat flakes and Small Leaves Oat flakes  at the time of importation will be, the Transaction Value Method (invoice value or value presented on any other legal sales document) , having fulfilled the provisions of Article VII of the WTO Customs Valuation Agreement (1994) and Section 69 of the Nigeria Customs Service Act (2023).

Please be informed that this methodology shall be applicable and restricted to only the transaction with Form M Number: MF20250100944 and PFI number 400030206S3 dated 24 September 2025.