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 Saint Lucia 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 Sales TaxKnown as VAT (Value Added Tax) in the UK. A tax based on the..., Excise TaxA fee imposed by a government on personal or corporate incom..., and Service Charge.
Below is the Duty and Sales taxKnown as VAT (Value Added Tax) in the UK. A tax based on the... for Saint Lucia :
Duty Rates | Average Duty Rate | Sales Tax(GST) | Threshold on goods |
---|---|---|---|
0% to 70% | 17.45% | ST=15% VAT = ST * (CIF + Duty+ other taxes) |
No minimum threshold(All the goods are duty and taxes payable irrespective of import value) |
Extra taxes and customs fees while importing:
Type of TaxA fee imposed by a government on personal or corporate incom... | Products | Rates |
---|---|---|
Excise TaxA fee imposed by a government on personal or corporate incom... | Products like alcoholic beverages and most tobacco products | Varying range |
Service Charge | All | 6% |
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..
- Exemptions are granted for raw materials and plant and machinery used in manufacturing and for certain items imported by hotels under construction, extension, or refurbishing projects.
- Excise taxes are imposed on home-produced goods, mainly liquor, beer, and cigarettes. XCD 1.44 per litre of liquid applies to beer in glass bottles and XCD 3.50 per liquid gallon applies to beers in metal cans.
- There is also an excise taxA fee imposed by a government on personal or corporate incom... on fuel when fuel is imported by a wholesaler. TaxA fee imposed by a government on personal or corporate incom... is included on the priceThe amount of money required to purchase something or to bri... of fuel paid at the gas pump. The taxA fee imposed by a government on personal or corporate incom... rate formula is based on the current priceThe amount of money required to purchase something or to bri... provided by the supplier and regulated priceThe amount of money required to purchase something or to bri... at the gas pump.
- Sales TaxKnown as VAT (Value Added Tax) in the UK. A tax based on the... is applied on the sum of the CIF value, duty, and all other applicable taxes.