The Customs or Import dutyA tax charged on certain goods which are brought into a coun... for Diamond jewellery pendants,rings,necklaces,ear-rings,gold coins to Jamaica is classified under Jewelry & Watches(cdf categories).
The HSCODE applied for Diamond jewellery pendants,rings,necklaces,ear-rings,gold coins is 71-13-19-10-0
The taxA fee imposed by a government on personal or corporate incom... is applied on the total sum of item cost, insurance cost and shipment cost.
The custom/import taxes are:
General duty is 20%
The average VAT rate applicable in Jamaica is 0.165
Note: If the special tariffA government tax on imported and exported goods. rate is NULL then general duty is applicable.
The other taxes applicable are:
Special Comsumtion Tax(Alcohol, cig)
Stamp DutyCalled Stamp Tax in the US. A stamp which must be put onto c...
Additional Stamp Duty(Meat, Alco, Cig)
Special Consumption TaxTax paid which is based on the price of services or goods, e...
GCT
Standard Compliance TaxA fee imposed by a government on personal or corporate incom...
Environment Levy
To know more information on which tariff rate is applicable from the country you are importing to, look here
To get the accurate amount, calculate here
Calculation method:
Customs Duties or Import dutyA tax charged on certain goods which are brought into a coun... and taxes will be pending and need to be cleared while importing goods into Jamaica Either by a private individual or a commercial entity.
The valuation method is CIF.
- The import dutyA tax charged on certain goods which are brought into a coun... and taxes payable are calculated on the complete shipping value, which includes the cost of the imported goods, the cost of freight and the cost of insurance
- Along with Import dutyA tax charged on certain goods which are brought into a coun..., import goods are also subject to GCT, SCT, Stamp DutyCalled Stamp Tax in the US. A stamp which must be put onto c..., Additional Stamp DutyCalled Stamp Tax in the US. A stamp which must be put onto c..., SCF, and Environmental Levy.
Below is the Duty and Sales taxKnown as VAT (Value Added Tax) in the UK. A tax based on the... for Jamaica:
Duty Rates | Average Duty Rate | Sales Tax(GST) | Threshold on goods |
---|---|---|---|
0% to 70% | 17.45% | 16.5% | No threshold |
Extra taxes and customs fees while importing:
Type of TaxA fee imposed by a government on personal or corporate incom... | Products | Rates |
---|---|---|
Special Consumption TaxTax paid which is based on the price of services or goods, e... | certain petroleum products, ethanol, alcoholic drinks, tobacco and motor vehicles | Varying range |
Stamp DutyCalled Stamp Tax in the US. A stamp which must be put onto c... | All | JM$5 per import when the CIF value is up to JM$5,500 and JM$100 when the CIF value is greater than JM$5,500 |
Additional Stamp DutyCalled Stamp Tax in the US. A stamp which must be put onto c... | Products like meat, aluminium products, alcoholic beverages and cigarettes | Varying range |
Standard Compliance Fee | All | 0.3% of CIF value |
Environmental Levy | All | 0.5% of CIF value |
Please find the lists and detailed information about other taxes here.
NOTE:
- Customs dutyA tax which must be paid on imported, and sometimes exported... is levied on goods based on the cost, insurance, and freight (CIF) values and rates determined by the Caribbean Community (CARICOM) Common External TariffA government tax on imported and exported goods..
- In addition to custom duty, a customs administration fee (CAF) and an environmental levy are imposed on the value of imports. The CAF imposes a range of fees based on the nature of the service provided, while the environmental levy is imposed at the rate of 0.5%. Since 2015, the levy is also imposed on goods imported from other countries in the Caribbean Community and domestic sales of manufactured goods by local manufacturers, with an input taxA fee imposed by a government on personal or corporate incom... creditAn arrangement in which an item for sale is received by the ... available for any levy paid in respect of imported productive inputs. Other import levies apply in certain instances including additional stamp dutyCalled Stamp Tax in the US. A stamp which must be put onto c... (ASD) and a standards compliance fee.
- All the goods are duty and taxes payable irrespective of import value as there is no threshold.
- GCT is calculated on the sum of CIF, import dutyA tax charged on certain goods which are brought into a coun..., special consumption taxTax paid which is based on the price of services or goods, e... and stamp dutyCalled Stamp Tax in the US. A stamp which must be put onto c... if applicable.
Prohibited Items:
- Antiques (breakable and/or fragile)
- Asbestos
- Furs
- Hazardous or combustible materials (as defined in IATA Regulations)
- Coffee
- Dangerous goods, haz. or comb. mats
- Ivory
- Pornography
Other related items:
Gold jewellery necklaces and chains
Necklace with diamonds and precious stones
Diamond jewellery pendants,rings,necklaces,ear-rings,gold coins
Platinum jewellery necklaces & chains ,bands
Silver jewellery – bangles,rings with gemstones,rings,cufflinks
Clocks electric with mechanical display
Clock – electric with mechanical display
Sports watches,analog watches,mens and womens watches
Wrist watch,Digital watches,smart watches,fitness tracker,heart rate monitors,etc
Precious and semi-precious stones