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 Botswana whether by a private individual or a commercial entity. Based on the item imported Luxury and anti-dumping duty would be applicable.
The valuation method is FOB.
Below table provide the Duty and Sales taxKnown as VAT (Value Added Tax) in the UK. A tax based on the... for Botswana:
Duty Rates | Average Duty Rate | Sales Tax(GST) | Threshold on goods |
---|---|---|---|
0% to 45% (Some electronic products are duty free) | 18.74% | VAT=12% VAT=VAT%(CIF + Excise) | No minimum Threshold |
- Tobacco and alcohol products are subjected to excise duty.
Customs and excise duties are charged on importation of goods (including currencies) into or exported out of Botswana. The import duties may also include anti-dumping and countervailing duties. No customs duties and excise duties are charged on tradeThe buying and selling or exchange of goods and services. Th... between Botswana and South Africa, Lesotho, Namibia, and Swaziland, as these five countries constitute a Southern African Customs UnionA group of nations which have agreed to promote free trade, .... In terms of the Botswana/Zimbabwe Trade AgreementAn agreement, usually between countries, to limit or change ..., goods originating from either of the trading partners are exempted from payment of customs duties under the condition that the goods meet a minimum of 25% local content. Excise duty and local taxes, such as VAT, are due and payable where applicable.