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 Gibraltar 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 Gibraltar:
|Duty Rates||Average Duty Rate||Sales Tax(GST)||Threshold on goods|
|0% to 54%||6.8%||There is no VAT in Gibraltar.||No minimum threshold|
Excise duty applies to products like alcohol and tobacco.
For more information on import duties and excise duties please refer Gibraltar orporate – Other taxes website.