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FUNCTIONS OF THE CUSTOM AND EXCISE AUTHORITY — Commerce Keypoint

FUNCTIONS OF THE CUSTOM AND EXCISE AUTHORITY

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  1. This body collects taxes levied on goods imported, exported and locally made.
  2. The organ also sees to the prevention and eradication of smuggling.
  3. They prevent the importation of goods under embargo.
  4. They also prevent the importation of harmful and dangerous goods and weapons.
  5. The authority regulates and controls the activities of the ports authority in the area of import and export.
  6. They also generate funds for the federal government.
  7. The organ also seeks to control the exchange rate.
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