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 Gibraltar whether by a private individual or a commercial entity.
The valuation method is CIF.
Below table provide the Duty and Sales taxKnown 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.