Customs Duty Calculator

Saint Vincent and the Grenadines – Customs and Import duty tax calculation method

Customs Duties or Import duty and taxes will be pending and need to be cleared while importing goods into Saint Vincent and the Grenadines Either by a private individual or a commercial entity.

The valuation method is CIF.

  • The sum of the value of the imported goods and the cost of shipping and insurance.
  • Along with Import duty, import goods are also subject to Sales Tax, Excise Tax, and Customs Service Charge.

Below is the Duty and Sales tax for Saint Vincent and the Grenadines :

Duty Rates Average Duty Rate Sales Tax(GST) Threshold on goods
0% to 70% 17.45% ST=15%
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 Tax Products Rates
Excise Duty Products like alcoholic beverages and tobacco products Varying range
Customs Service Charge All 5% of CIF value

NOTE:

  • Customs duty is levied on goods based on the cost, insurance, and freight (CIF) values and rates determined by the Caribbean Community (CARICOM) Common External Tariff.
  • Sales Tax is applied on the sum of the CIF value, duty and all other applicable taxes.
  • Some products like books, magazines may be exempt from VAT.