Bermuda – Customs and Import duty tax calculation method

Posted on customs dutyfreePosted in Customs Duty Calculator

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 Bermuda whether by a private individual or a commercial entity.

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 Bermuda:

Duty Rates Average Duty Rate Sales Tax(GST) Threshold on goods
0% to 150% 16.39% NA No threshold

  1. Wharfage Fee = 1.25% (FOB)