Customs Duties or A 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 Belize whether by a private individual or a commercial entity.
The valuation method is CIF.
Below table provide the Duty and Known as VAT (Value Added Tax) in the UK. A tax based on the... for Belize:
|Duty Rates||Average Duty Rate||Sales Tax(GST)||Threshold on goods|
|0% to 70%||17.45%||12.5% (CIF + Duty)||No Threshold|
- For alcohol and tobacco excise Duty will be applicable based on quantity
- Environmental A fee imposed by a government on personal or corporate incom... = 2% (CIF).
- Revenue Replacement Duty (RRD) will be applied on specific rate based on The result of a manufacturing or natural process (such as fo...