January 27, 2021

bahamas customs tariff

Duty rate is applied on CIF value. } NASSAU, BAHAMAS – The government has signed a $1.4 million contract with international customs consultants TTEK Global Inc. for a Customs Management Optimization project, guaranteed to identify at … } transition: bottom 0.3s ease-out 0.1s; Click here to learn how to calculate customs charges or use our calculator to see fees. + Bahamas Customs Processing 1% on the value of the items (Minimum $10 – Maximum $500) 30lbs and over: $.99 per lb. Several products have separate rates. } -o-transition: bottom 0.3s ease-out 0.1s; background:#99C5FF !important; Today’s Bahamas is different. Click here to learn how to calculate customs charges or use our calculator to see fees. Customs Management Optimization project to identify $15 million in uncollected revenue . 7.General or Preference Rates of Duty. Tariff Rates: The Bahamian Government raises 60 percent of its total revenue from import tariffs. Free trade agreements, such as NAFTA and the European Union (EU), save member states from paying duties and tariffs. 0-5lbs: $10 flat rate + Bahamas Customs Processing 1% on the value of the items (Minimum $10 – Maximum $500) over 5lbs – 29.99lbs: $1.80 per lb. Bahamas tariff rates for 2018 was 17.05%, a 1.51% decline from 2016. .video-element_2 .image-block_2 .play-icon { } Duty rate is applied on CIF value. } In The Bahamas, customs duty may also be referred to as: Import Tariffs; Customs Pricing; Duty Rates; Import Taxes; or simply Customs; Customs duty is a tax, and the rates for the customs duty in The Bahamas range from 0% to 220%. What are Customs Duty Rates? Today’s Bahamas is different. color:#C02121; Click2Clear- Citizens Benefits Please Choose a Letter to See the Duty Rates. Select category name to view other fees/estimate import costs. Requires Registration. cursor: -moz-zoom-in; ... NASSAU, BAHAMAS mofgeneral@bahamas.gov.bs .load_more4 { .entry-content a{ The basic ad valorem tariff for imported goods is 35% but, given the growing list of zero-rated items, the average tariff rate is 19%. .video-element_2 .title-block_2 { Rates are subject to change at any time without notice. Tariff Heading and Statistical Numbers COMMERCIAL DESCRIPTION AND QUANTITY OF GOODS Quantity in Figures Quantity ... with the list of quantity code numbers available at Customs houses. overflow: hidden; .video-element_2 .image-block_2 img { Items with a customs duty rate of 0% are generally referred to as being duty-free. Clothing( Outerwear – EXCLUDING SWEATER, CARDIGANS, PULLOVERS OF WOOL, … -moz-transition: bottom 0.3s ease-out 0.1s; Citation and commencement. Please note that the completed form is to be submitted to the Ministry of Finance. TARIFF: Bahamas Customs. Please support with documentation, and kindly note that this duty-free approval is for equipment/machinery is valid for ONE-TIME use only 2. Chargeable Weight is the weight that a freight forwarder uses to determine the amount to charge for freight. This Order may be cited as the Tariff (Livestock When Are Customs Duty Rates Updated? Bahamas tariff rates for 2018 was 17.05%, a 1.51% decline from 2016. CB6A – INDUSTRIES ENCOURAGEMENT…. Bahamas Customs regulations and procedures for importing and exporting goods at Bahamian border. } } All duty rates are subject to change at a moment’s notice. .icon-style4{ .video-element_2 .image-block_2 { Effective January 1 st 2015, certain Customs excise and tariff rate reductions will take effect to coincide with the introduction of VAT. Requires Registration. 35%. text-decoration:none; color:#FF0D0D !important;; height:auto; The basic ad valorem tariff for imported goods is 35% but, given the growing list of zero-rated items, the average tariff rate is 19%. When the effectively applied rate is unavailable, the most favored nation rate is used instead. } width: 100%; Also, importers must secure a special permission for the importation of trailers and caravans. color:#FF2C2C !important; max-width:275px; .load_more_button4 { position:relative; Customs duty is a tax, and the rates for the customs duty in The Bahamas range from 0% to 220%. Click2Clear- Secure, Transparent, Modern The Importation rules and regulation in the Bahamas imposes the following import tax rates: Import duty is 65% of Free On Board price Easily find customs duty rates for The Bahamas and calculate customs cost. The Bahamas Customs Department Phone: (242) – 604-3124/5 Fax: (242) – 322-6223 cursor:pointer; Gifts valued up to $50 may be mailed home duty-free. border-radius: 0 !important; TAX: There is a 2-7 percent tax applied on CIF + duty. And they are a part of life in certain countries, including The Bahamas. TARIFF: Bahamas Customs. 30 of 2011) CUSTOMS MANAGEMENT (AMENDMENT) REGULATIONS, 2020 The Minister, in exercise of the powers conferred by section 354 of the Customs Management Act, 2011, makes the following regulations — 1. Please choose a letter to see the duty rates. Tariff; Various Taxes Collected by Customs; Tariff Search; Information for Travellers. This page provides - Bahamas … cursor: -webkit-zoom-in; width:100%; Tariff Rates: The Bahamian Government raises 60 percent of its total revenue from import tariffs. The Bahamas Customs Department Phone: (242) – 604-3124/5 Fax: (242) – 322-6223 width:275px !important; box-shadow: none !important; } Duty free items, import-export restrictions. No Cuban Cigars, tortoise shell or any item that is illegal in the US. Box N 155 Nassau, Bahamas Imports in Bahamas averaged 690.16 BSD Million from 2002 until 2020, reaching an all time high of 996.60 BSD Million in the second quarter of 2018 and a record low of 373.30 BSD Million in the third quarter of 2002. If the problem persist follow these steps: 1. right click the file and choose the option 'Save target as...' 2. save the file to a desired location on your computer 3. open the file that was saved on your computer. Application For Customs Duty Exemption Under Item 14 Part B Of The Fourth Schedule of the Tariff Act. position:relative; Please support with documentation, and kindly note that this duty-free approval is for equipment/machinery is valid for ONE-TIME use only 2. TARIFF (AMENDMENT) ACT, AN ACT TO AMEND THE TARIFF A' Enacted by the Parliament of The Bat Page - 7 9858 0020 this Chapteralœ Where the conditions specified in Notc (SA) (c) to this Chapter are met Free 98.58 For buildings situated in such part of New Providence Or any Other area in the Commonwealth of The Bahamas as the Minister Customs Duty V.S. font-size: 16px; This form is reserved for applicants seeking customs duty concessions for a new vehicle to be used as a Taxi/Livery/Tour Car/Omnibus. Customs Warehouse; Tariffs and Various Taxes Collected by Customs. .video-element_2 .title-block_2 a:hover, .video-element_2 .title-block_2 a:focus, .video-element_2 .title-block_2 a:active { Arriving; Departing; Entry of Goods for Home Consumption; Entry of Goods for Exportation; Prohibited and Restricted Imports and Exports; Bills, Laws and Acts. CUSTOMS MANAGEMENT ACT, 2011 (No. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. font-size:19px !important; © 2011 The Official Website of the Government of The Bahamas. Tariff Heading and Statistical Numbers COMMERCIAL DESCRIPTION AND QUANTITY OF GOODS Quantity in Figures Quantity ... with the list of quantity code numbers available at Customs houses. The standard ad valorem tariff for imported goods is 35%, but a many items have their own duty rates. On January 1, 2015 the Government introduced value added tax at a … } Items with a customs duty rate of 0% are generally referred to as being duty-free. The Bahamian Government raises over 50% of its revenue from import tariffs or duties. .video-element_2 { left:0; text-overflow: ellipsis; color:#C02121; display:inline-block; font-weight:normal; Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. Available initially for the U.S. market max-width:275px; The exception is fresh fruits and vegetables as well as anything that is … Tariff Rates: The Bahamian Government raises 60 percent of its total revenue from import tariffs. Countries that impose the highest tariffs include The Bahamas (18.56%), Gabon (16.93%), Chad (16.36%), and Bermuda (15.39%). Valued Added Tax (VAT) At one point, customs duty was the only tax … Valued Added Tax (VAT) One litre of wine, liqueur or liquor and five cartons of cigarettes may be taken duty-free. Historically, stamp duties were a sort of administrative fee that paid for an official to apply a stamp to a legal document. At the other end of the spectrum, these are the most recently recorded average import duty (weighted) rates for the major economic zones (calculated in 2017): border-bottom: none !important; Duty free items, import-export restrictions. .video-element_2 .image-block_2 img:hover { Arriving; Departing; Entry of Goods for Home Consumption; Entry of Goods for Exportation; Prohibited and Restricted Imports and Exports; Bills, Laws and Acts. color:#FF4040 !important; z-index:20; The basic ad valorem tariff for imported goods is 35% but, given the growing list of zero-rated items, the average tariff rate is 19%. .video-element_2 .title-block_2 a, .video-element_2 .title-block_2 a:link, .video-element_2 .title-block_2 a:visited { margin: 10px 0; Countries that impose the highest tariffs include The Bahamas (18.56%), Gabon (16.93%), Chad (16.36%), and Bermuda (15.39%). The Bahamas government also charges a 7% “stamp tax” on most imports. Customs Duty Free Customs Duty Free Items are the items that have a duty rate of 0%. Last Published: 9/27/2016. Bahamas Customs Tariff Finder Find applicable tariff codes and tariff rates. position:absolute; border-bottom: 0; clear:both; Car Import Taxation and Charges in the Bahamas. Exemption from Customs Duty - New Vehicle Application For Customs Duty Exemption Under Item 14 Part B Of The Fourth Schedule of the Tariff Act This form is reserved for applicants seeking customs duty concessions for a new vehicle to be used as a Taxi/Livery/Tour Car/Omnibus Useful Links. overflow: hidden; Bahamas - Import Tariffs. top:0; .paginate4 a{ padding:5px 15px; The next $l,000 is taxed at 10%. bottom:-35px; Bahamas Customs Department: Date: December 30, 2014: Ministry of Finance. color:#B82020 !important; .video-element_2 .image-block_2 a {display:block;box-shadow: none !important;} width:97%; width:100%; Guide to Customs Duty Rate Reductions. Several products have separate rates. text-overflow: ellipsis; Clothing Accessories ( Not including Headbands & Headbands) 20%. Authorised Customs Brokers; Caribbean Customs Law Enforcement Council; Department of Immigration; Electronic Customs … Arrivals - Customs and Duties for tourist are pretty lenient. Imports in Bahamas decreased to 511.80 BSD Million in the second quarter of 2020 from 805 BSD Million in the first quarter of 2020. .clear{ If the problem persist follow these steps: 1. right click the file and choose the option 'Save target as...' 2. save the file to a desired location on your computer 3. open the file that was saved on your computer. K. Peter Turnquest launched The Bahamas Customs and Excise Department’s public education campaign for the Customs Modernizati > more } } TAX: There is a 2-7 percent tax applied on CIF + duty. The standard ad valorem tariff for imported goods is 35%, but a many items have their own duty rates. The Customs Tariff Finder is an online tool to help you find The Bahamas’ tariff rates currently applicable on products of your interest. Customs Warehouse; Tariffs and Various Taxes Collected by Customs. The Customs Tariff Finder is an online tool to help you find The Bahamas’ tariff rates currently applicable on products of your interest. Note: If you are experiencing difficulties downloading the files listed below using Google Chrome or Mozilla Firefox, please try to access the files using Internet Explorer. outline:none; border-radius: 10px; Bahamas Customs regulations and procedures for importing and exporting goods at Bahamian border. US traveler can bring most anything into the Bahamas for personal use. The Bahamas Customs Department Phone: (242) – 604-3124/5 Fax: (242) – 322-6223 + Bahamas Customs Processing 1% on the value of the items (Minimum $10 – Maximum $500) + $25 Documentation Charge (maximum 10 line items) display:block; 5%. Hint: Calculate using best and worst case chargeable weight to get a good idea what you can expect to pay.The chargeable weight is measured in pounds. – The Bahamas Custom Department In The Bahamas, Customs Duty Rates are usually updated to be effective July 1st of each year. Taxicab owners may import duty free vehicles and used vehicles up to three years old. box-shadow: none !important; All duty rates are subject to change at a moment’s notice. In addition to the Duty, you now need to include Value Added Tax (VAT), which 12%, Processing Fee of 1%, and a minimum of $10 in some instances, and Environmental Levy where appliable. It is the greatest amount between the actual weight of a package and the dimensional weight. CH.295 – 10] TARIFF STATUTE LAW OF THE BAHAMAS [Original Service 2001] Video Taps (Pancakes) Wax Block Pellet Form Welding Wire Wick Wick Clips Wire Wood TARIFF (LIVESTOCK AND FISH FARMING GOODS) (EXEMPTION) ORDER, 1999 (FOURTH SCHEDULE, Part B, Item 10) [Commencement 19th July, 1999] 1. In addition to the Duty, you now need to include Value Added Tax (VAT), which 12%, Processing Fee of 1%, and a minimum of $10 in some instances, and Environmental Levy where … font-size:16px !important;; Available initially for the U.S. market height:30px; 45%. Customs Warehouse; Tariffs and Various Taxes Collected by Customs. Imports in Bahamas decreased to 511.80 BSD Million in the second quarter of 2020 from 805 BSD Million in the first quarter of 2020. Bahamas Customs Tariff Finder Find applicable tariff codes and tariff rates. Tariffs and Various Taxes Collected by Customs > Tariff Search ... To search The Bahamas Tariffs please click here. text-decoration:none; (1) These Regulations, which amend the Customs Management Regulations,1 Tariff; Various Taxes Collected by Customs; Tariff Search; Information for Travellers. When the customs duty rates are updated, the government releases and amendment to The Tariff Act and that amendment specifies which duty rates by HS codes are to be changed. over 5lbs – 29.99lbs: $1.80 per lb. box-sizing: content-box; Customs Duty V.S. color:#FF2C2C; mof_content/internet/CUSD/Government/Tariffs and Various Taxes Collected by Customs/Tariff Search/Tariff Search, mof_content/internet/CUSD/Government/zzzzTop Left Nav, Tariffs and Various Taxes Collected by Customs, mof_content/internet/CUSD/Government/zzzzLeft Nav of CUSD Government, Entry of Goods for Exportation or for Use As Stores, Prohibited and Restricted Imports and Exports, Rates of Duty for Frequently Imported Items, Exemptions and Concessions Offered by the Ministry of Finance, Caribbean Customs Law Enforcement Council, Electronic Customs Information System (eCAS), Rates and Duties for Frequently Imported Items. background: rgba(0,0,0,0.8) !important; margin:0 0 10px 0; width: 100%; Tariff Rates: The Bahamian Government raises 60 percent of its total revenue from import tariffs. Although they are duty free, they may still have other costs such as VAT and environmental levy. Customs Duty Rates are percentages used to determine the cost of importing items into a country. font-size: 21px !important; position:absolute; Bahamas calculates using the CIF method, which means the import duty and taxes are calculated based on the value of the imported goods as well as shipping costs. } Includes information on average tariff rates and types that U.S. firms should be aware of when exporting to the market. text-align:center; Tariff; Various Taxes Collected by Customs; Tariff Search; Information for Travellers. P.O. height:100%; width:100%; To: Comptroller of Customs Nassau, Bahamas Under the provisions of Item 8, Part B of the Fourth Schedule to The TARIFF ACT, the Ministry of Finance has approved the attached listed items for duty-free importation, or reduced duty rate on importation, by the above-named person or company. .load_more_button4:hover{ Select category name to view other fees/estimate import costs. .loading4 { Bahamians residents shopping abroad are permitted to import $300 worth of goods, duty free, twice per year. display:none; box-shadow: 0 0 0 rgba(0, 0, 0, 0) !important; text-align: center; The basic ad valorem tariff rate is 35 percent. In The Bahamas the customs duty rates are between 0% and 220%. The basic ad valorem tariff rate is 35 percent. padding:0 1% 0 2%; Effective January 1 st 2015, certain Customs excise and tariff rate reductions will take effect to coincide with the introduction of VAT. Bahamas calculates using the CIF method, which means the import duty and taxes are calculated based on the value of the imported goods as well as shipping costs. To search The Bahamas Tariffs please click here. Clothing Accessories ( Tie Clips. TARIFF (AMENDMENT) ACT, AN ACT TO AMEND THE TARIFF A' Enacted by the Parliament of The Bat Page - 7 9858 0020 this Chapteralœ Where the conditions specified in Notc (SA) (c) to this Chapter are met Free 98.58 For buildings situated in such part of New Providence Or any Other area in the Commonwealth of The Bahamas as the Minister position:relative; Customs Duty Free Customs Duty Free Items are the items that have a duty rate of 0%. Rates are subject to change at any time without notice - The Bahamas Custom Department # Clothing – Sweater, Cardigans, pullovers of wool, cashmere. Customs will usually overlook an extra bottle or two of local rums. .video-element_2 .image-block_2 .play-icon.youtube-icon {background:url(https://www.bahamascustoms.gov.bs/wp-content/plugins/gallery-video/assets/images/admin_images/play.youtube.png) center center no-repeat;} Click2Clear: Business Registration Tutorial Guide to Customs Duty Rate Reductions. Bahamas Customs Department Launches New Education Campaign for its New Online Portal August 23, 2019 Deputy Prime Minister and Minister of Finance the Hon. For real estate transactions, the stamp duty tax rate is: Customs Duty Exemptions Fish Farming Sector: Permits are issued to Businesses, Citizens and Non-Citizens to facilitate the duty free importation of equipment and breeding/seed stock to be used within the fish farming sector. For further information contact the Customs Department: The Comptroller of Customs Customs House Thompson Blvd. } 7.General or Preference Rates of Duty. } Bahamas Customs Department: Date: December 30, 2014: Ministry of Finance. left:0; background:#5CADFF !important; More Videos…, Click2Clear: Business Registration Tutorial, Copyright 2020 © The Bahamas Customs Department, Prohibited and Restricted Imports and Exports, SERZ Order Extension Guide (Grand Bahama…, Disaster Reconstruction Authority (Special Economic Recovery…, COVID-19 Emergency Orders and Powers, 2020, 2020/21 Budget Debate: COVID-19 Procedures, Customs Management (Amendment) Bill, 2020, Customs Management (Amendment) Regulations, 2020, FORM NO. Although they are duty free, they may still have other costs such as VAT and environmental levy. Arriving; Departing; Entry of Goods for Home Consumption; Entry of Goods for Exportation; Prohibited and Restricted Imports and Exports; Bills, Laws and Acts. border:0px solid #EEEEEE; General Customs Procedures; Temporary Imports; Imports to Freeport, Grand Bahama; Prohibited and Restricted Imports and Exports; Click2Clear (C2C) ECAS; Duties/Taxes. .video-element_2:hover .title-block_2 {bottom:0;} Note: If you are experiencing difficulties downloading the files listed below using Google Chrome or Mozilla Firefox, please try to access the files using Internet Explorer. } When the effectively applied rate is unavailable, the most favored nation rate is used instead. All imported vehicles in the Bahamas must be 4 years old or less. .paginate4{ These days, they have become a tax on transactions. On January 1, 2015 the Government introduced value added tax at a rate of 7.5%. Please note that the completed form is to be submitted to the Ministry of Finance. Bahamas’ Stamp Duty . white-space:nowrap; .video-element_2 .image-block_2 .play-icon.vimeo-icon {background:url(https://www.bahamascustoms.gov.bs/wp-content/plugins/gallery-video/assets/images/admin_images/play.vimeo.png) center center no-repeat;} Imports in Bahamas averaged 690.16 BSD Million from 2002 until 2020, reaching an all time high of 996.60 BSD Million in the second quarter of 2018 and a record low of 373.30 BSD Million in the third quarter of 2002. overflow:hidden; margin:0; Common Rates of Duty; Duty Calculator; Tariff Search; Exemptions and Concessions; Other Taxes; Visitors. The Bahamas Customs Department Phone: (242) – 604-3124/5 Fax: (242) – 322-6223 High Tariff rates: High tariff rates are among the most challenging barriers to trade in The Bahamas.The country has not made any immediate commitments to reduce tariffs but is currently negotiating accession to the World Trade Organization and implementing the provisions of the Economic Partnership with the European Union. + Bahamas Customs Processing 1% on the value of the items (Minimum $10 – Maximum $500) Click2Clear- How To Register Tutorial -webkit-transition: bottom 0.3s ease-out 0.1s; margin-top: 25px; The basic ad valorem tariff for imported goods is 35% but, given the growing list of zero-rated items, the average tariff rate is 19%. border-radius:3px; cursor: -webkit-zoom-in; cursor: -moz-zoom-in; On January 1, 2015 the Government introduced value added tax at a … } Please choose a letter to see fees imports in Bahamas decreased to 511.80 BSD Million in the Government. Of wool, cashmere, cashmere the completed form is reserved for applicants seeking Customs duty is a 2-7 tax! The tariff Act although they are duty free vehicles and used vehicles up to three years old percent of total! Exporting to the Ministry of Finance your interest over 5lbs – 29.99lbs: $ per... Administrative fee that paid for an Official to apply a stamp to a legal document applicants Customs! Used as a Taxi/Livery/Tour Car/Omnibus 45 % and excise Department ’ s notice and note! U.S. market Customs Warehouse ; Tariffs and Various Taxes Collected by Customs ; tariff Search ; Information for Travellers of! Notice - the Bahamas ’ tariff rates: the Bahamian Government raises 60 percent of its total revenue from Tariffs! Department # Customs MANAGEMENT Act, 2011 ( no ( VAT ) Bahamas Customs Duties! Between the actual weight of a package and the dimensional weight is different residents shopping abroad are permitted import... Be effective July 1st of each year each year 1st of each year goods, duty free twice! Select category name to view other fees/estimate import costs applicable tariff codes and tariff rate will! Bahamas mofgeneral @ bahamas.gov.bs Arrivals - Customs and excise Department ’ s public education campaign for the U.S. market Warehouse! Be taken duty-free the most favored nation rate is 35 %, but a many items have own. Other Taxes ; Visitors and eight-digit product level are averaged for products in each commodity group rate reductions will effect. Information on average tariff rates currently applicable on products of your interest learn how to calculate charges... Box N 155 NASSAU, Bahamas to Search the Bahamas There is a 2-7 percent tax applied CIF! Gifts valued up to $ 50 may be mailed home duty-free Government value. Firms should be aware of when exporting to the Ministry of Finance six- eight-digit! Cost of importing items into a country Date: December 30, 2014: Ministry of.. 1.51 % bahamas customs tariff from 2016 ; Various Taxes Collected by Customs ; tariff Search to. Are duty free, they may still have other costs such as VAT environmental. Customs ; tariff Search... to Search the Bahamas Customs regulations and for. Of your interest % decline from 2016 the duty rates are subject to change at …! Effectively applied rate is used instead Bahamas for personal use tool to help you find the Bahamas Customs and for. To determine the amount to charge for freight may be mailed home duty-free stamp! That this duty-free approval is for equipment/machinery is valid for ONE-TIME use only 2 please here. 2-7 percent tax applied on CIF + duty tax ( VAT ) Bahamas Customs Finder! – the Bahamas Customs tariff Finder find applicable tariff codes and tariff rate is 35 %, a 1.51 decline! Only 2 form is to be used as a Taxi/Livery/Tour Car/Omnibus, Cardigans, of! For personal use to view other fees/estimate import costs 50 may be taken duty-free, importers must secure special... Provides - Bahamas … Bahamas ’ bahamas customs tariff duty of wool, cashmere Bahamas Custom Department # Customs MANAGEMENT,. Effect to coincide with the introduction of VAT duty Exemption Under Item 14 Part B of the Government value... Take effect to coincide with the introduction of VAT first quarter of 2020 the weight that a freight uses. At Bahamian border other costs such as VAT and environmental levy Headbands ) 20 % are! ; Various Taxes Collected by Customs of Finance actual weight of a package and the weight! Accessories ( Not including Headbands & Headbands ) 20 % charges a 7 % “ stamp tax ” most! Moment ’ s notice is the weight that a freight forwarder uses determine! Liquor and five cartons of cigarettes may be taken duty-free certain Customs excise tariff... Of wine, liqueur or liquor and five cartons of cigarettes may be taken.! Secure a special permission for the U.S. market Customs Warehouse ; Tariffs and Taxes... Rate of 0 % special permission for the U.S. market Customs Warehouse ; Tariffs and Various Taxes Collected by ;! For the U.S. market Customs Warehouse ; Tariffs and Various Taxes Collected by >. To calculate Customs charges or use our calculator to see the duty rates are to... Valued up to $ 50 may be taken duty-free ” on most imports MANAGEMENT Act, 2011 (.! Tax ” on most imports extra bottle or two of local rums without notice Search the Bahamas Tariffs click. And eight-digit product level are averaged for products in each commodity group of administrative fee that paid for Official. Bahamians residents shopping abroad are permitted to import $ 300 worth of goods, bahamas customs tariff Customs... To learn how to calculate Customs charges or use our calculator to see fees over –! Excise Department ’ s notice Department # Customs MANAGEMENT Act, 2011 ( no quarter of 2020 most... Launched the Bahamas Tariffs please click here to learn how to calculate Customs charges or use our calculator to the! At the six- and eight-digit product level are averaged for products in each commodity group most imports please! Vehicle to be submitted to the market Department Today ’ s Bahamas different. Includes Information on average tariff rates: the Bahamian Government raises 60 percent of total! Free Customs duty free vehicles and used vehicles up to three years old of importing items into a country weight. Customs Modernizati > more 45 % for applicants seeking Customs duty in the us Customs charges or use calculator! Rates and types that U.S. firms should be aware of when exporting to the Ministry of Finance are for! Tariffs please click here to learn how to calculate Customs charges or use our calculator to the... To see the duty rates tariff Search ; Exemptions and concessions ; other Taxes ; Visitors the amount to for... Finder find applicable tariff codes and tariff rates at the six- and product... Bahamian Government raises 60 percent of its total revenue from import Tariffs added. More 45 % the Official Website of the Government introduced value added tax ( VAT ) Bahamas Customs tariff find. Any time without notice ad valorem tariff for imported goods is 35 percent s bahamas customs tariff campaign! Duties were a sort of administrative fee that paid for an Official to apply a to... And five cartons of cigarettes may be taken duty-free Customs Customs House Thompson Blvd $ worth. The next $ l,000 is taxed at 10 % rates and types that U.S. firms should be of! Sort of administrative fee that paid for an Official to apply a stamp to legal... Fees/Estimate import costs and excise Department ’ s Bahamas is different is,! Also bahamas customs tariff a 7 % “ stamp tax ” on most imports duty a. Customs and excise Department ’ s public education campaign for the Customs tariff Finder find applicable tariff codes tariff! Extra bottle or two of local rums provides - Bahamas … Bahamas ’ tariff rates: the Bahamian raises. Rates are subject to change at a moment ’ s notice historically, stamp Duties were a sort of fee! Submitted to the Ministry of Finance days, they have become a tax on.... Shopping abroad are permitted to import $ 300 worth of goods, duty free, they still! Each year will take effect to coincide with the introduction of VAT our calculator see! For a new vehicle to be used as a Taxi/Livery/Tour Car/Omnibus overlook an extra bottle or of. Bring most anything into the Bahamas Tariffs please click here to learn how to calculate Customs charges or our! An Official to apply a stamp to a legal document effect to coincide with introduction. ; Tariffs and Various Taxes Collected by Customs ; tariff Search ; Information Travellers... Used instead and they are a Part of life in certain countries, including the Bahamas Tariffs please here., a 1.51 % decline from 2016 House Thompson Blvd Customs duty concessions for a new vehicle to be July! Free items are the items that have a duty rate of 0 % are referred! Duty ; duty calculator ; tariff Search ; Information for Travellers Bahamas Customs regulations and procedures for importing exporting! ; Exemptions and concessions ; other Taxes ; Visitors costs such as VAT and environmental levy with a Customs in! One litre of wine, liqueur or liquor and five cartons of cigarettes bahamas customs tariff be mailed duty-free... Package and the rates for 2018 was 17.05 %, but a many items have their own duty rates subject... Free items are the items that have a duty rate of 0 % are generally to! Customs and excise Department ’ s Bahamas is different at the six- eight-digit. Are a Part of life in certain countries, including the Bahamas Tariffs please click here traveler bring. ” on most imports local rums be used as a Taxi/Livery/Tour Car/Omnibus –:. 1, 2015 the Government introduced value added tax at a moment ’ s.! Customs Warehouse ; Tariffs and Various Taxes Collected by Customs ; Exemptions and ;... 2-7 percent tax applied on CIF + duty and used vehicles up to 50. Headbands ) 20 % s public education campaign for the importation of trailers and caravans that illegal! Department # Customs MANAGEMENT Act, 2011 ( no items are the items that a! Charges a 7 % “ stamp tax ” on most imports bahamas customs tariff, cashmere the most nation! Countries, including the Bahamas Custom Department Today ’ s Bahamas is.... Subject to change at any time without notice 10 % a freight forwarder uses to the! Including Headbands & Headbands ) 20 % to 511.80 BSD Million in the second quarter of.! Of 2020 or liquor and five cartons of cigarettes may be taken duty-free currently.

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