The Customs or Import dutyA tax charged on certain goods which are brought into a coun... for Wrist watch,Digital watches,smart watches,fitness tracker,heart rate monitors,etc to Saint Kitts And Nevis is classified under Jewelry & Watches(cdf categories).
The HSCODE applied for Wrist watch,Digital watches,smart watches,fitness tracker,heart rate monitors,etc is 91-2-21-0-0
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 25%
Special TariffA government tax on imported and exported goods. rate 1 is 0%
Special TariffA government tax on imported and exported goods. rate 2 is 0%
Special TariffA government tax on imported and exported goods. rate 3 is 0%
Special TariffA government tax on imported and exported goods. rate 4 is 24%
The average VAT rate applicable in Saint Kitts And Nevis is 0.17
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:
Service charge
Environment Levy
Bottle & Cans Deposit Levy
Excise Duty(Alc & tob)
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 Saint Kitts and Nevis 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 Duty, Service Charge, Environmental Levy, and Bottle & Cans Deposit Levy.
Below is the Duty and Sales taxKnown as VAT (Value Added Tax) in the UK. A tax based on the... for Saint Kitts and Nevis :
Duty Rates | Average Duty Rate | Sales Tax(GST) | Threshold on goods |
---|---|---|---|
0% to 70% | 17.45% | ST=17% 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 Duty | Products like alcoholic beverages and most tobacco products | 5% to 25% |
Service Charge | All | 6% to 12% |
Environmental Levy | Used Vahicles | Varying range |
Bottle & Cans Deposit Levy | Products like beer, stout, malt and other drinks | Varying range |
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..
- Service Charge is generally applied at a rate of 6% of the CIF but if there is no duty then the charge doubles i.e. 12%.
Prohibited Items:
- Antiques (breakable and/or fragile)
- Asbestos
- Furs
- Hazardous or combustible materials (as defined in IATA Regulations)
- Asbestos
- Dangerous goods, haz. or comb. mats
- Gambling devices
- 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