Business

E-auction portal: Customs opens auctions to holders of Joint Tax Board TINs

The Nigeria Customs Service has officially declared that individuals possessing a valid Joint Tax Board (JTB) Tax Identification Number (TIN) will now have the opportunity to register for participation in auctions through the newly enhanced e-auction portal.

This announcement was disseminated through a post on the verified Nigeria Customs Service (NCS) X account on Thursday.

Initially, when the e-auction portal was introduced in January, only individuals with a valid FIRS Tax Identification Number (TIN), verified on tax promax, were eligible to register and partake in auction activities.”

However, the recent inclusion of individuals with a valid Joint Tax Board (JTB) Tax Identification Number (TIN) to register and engage in NCS e-auctions broadens the opportunities for more Nigerians to acquire overtime and seized goods from Customs through participation in the auction exercise.