Items with a customs duty rate of 0% are generally referred to as being duty-free. The exception is fresh fruits and vegetables as well as anything that is … Chargeable Weight is the weight that a freight forwarder uses to determine the amount to charge for freight. Click2Clear- Secure, Transparent, Modern Customs Duty Free Customs Duty Free Items are the items that have a duty rate of 0%. 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%. } Arrivals - Customs and Duties for tourist are pretty lenient. Tariff Rates: The Bahamian Government raises 60 percent of its total revenue from import tariffs. Also, importers must secure a special permission for the importation of trailers and caravans. Bahamas’ Stamp Duty . 7.General or Preference Rates of Duty. text-decoration:none; 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. text-decoration:none; Please choose a letter to see the duty rates. ... NASSAU, BAHAMAS mofgeneral@bahamas.gov.bs padding:5px 15px; 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 text-align:center; 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%. General Customs Procedures; Temporary Imports; Imports to Freeport, Grand Bahama; Prohibited and Restricted Imports and Exports; Click2Clear (C2C) ECAS; Duties/Taxes. The next $l,000 is taxed at 10%. 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. Duty free items, import-export restrictions. All duty rates are subject to change at a moment’s notice. 5%. .video-element_2 .title-block_2 a, .video-element_2 .title-block_2 a:link, .video-element_2 .title-block_2 a:visited { .loading4 { Application For Customs Duty Exemption Under Item 14 Part B Of The Fourth Schedule of the Tariff Act. Countries that impose the highest tariffs include The Bahamas (18.56%), Gabon (16.93%), Chad (16.36%), and Bermuda (15.39%). Select category name to view other fees/estimate import costs. 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. 35%. } Click here to learn how to calculate customs charges or use our calculator to see fees. Customs duty is a tax, and the rates for the customs duty in The Bahamas range from 0% to 220%. Includes information on average tariff rates and types that U.S. firms should be aware of when exporting to the market. bottom:-35px; font-size: 21px !important; 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 … Items with a customs duty rate of 0% are generally referred to as being duty-free. Tariff Rates: The Bahamian Government raises 60 percent of its total revenue from import tariffs. .entry-content a{ P.O. This Order may be cited as the Tariff (Livestock 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. Car Import Taxation and Charges in the Bahamas. Requires Registration. } font-size:19px !important; Although they are duty free, they may still have other costs such as VAT and environmental levy. 7.General or Preference Rates of Duty. max-width:275px; .video-element_2 .image-block_2 img { Rates are subject to change at any time without notice. Click2Clear- Citizens Benefits Tariff Rates: The Bahamian Government raises 60 percent of its total revenue from import tariffs. Clothing Accessories ( Not including Headbands & Headbands) 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%. box-shadow: none !important; These days, they have become a tax on transactions. color:#FF2C2C !important; margin:0; Today’s Bahamas is different. position:absolute; z-index:20; Box N 155 Nassau, Bahamas In The Bahamas the customs duty rates are between 0% and 220%. color:#FF4040 !important; + Bahamas Customs Processing 1% on the value of the items (Minimum $10 – Maximum $500) + $25 Documentation Charge (maximum 10 line items) text-overflow: ellipsis; .load_more_button4:hover{ } Authorised Customs Brokers; Caribbean Customs Law Enforcement Council; Department of Immigration; Electronic Customs … } Countries that impose the highest tariffs include The Bahamas (18.56%), Gabon (16.93%), Chad (16.36%), and Bermuda (15.39%). margin-top: 25px; left:0; Clothing Accessories ( Tie Clips. Duty rate is applied on CIF value. The Importation rules and regulation in the Bahamas imposes the following import tax rates: Import duty is 65% of Free On Board price (1) These Regulations, which amend the Customs Management Regulations,1 height:100%; height:auto; .video-element_2 .image-block_2 .play-icon { clear:both; 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 Bahamas Customs Tariff Finder Find applicable tariff codes and tariff rates. Click2Clear- How To Register Tutorial Duty rate is applied on CIF value. -moz-transition: bottom 0.3s ease-out 0.1s; 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): margin:0 0 10px 0; Customs will usually overlook an extra bottle or two of local rums. It is the greatest amount between the actual weight of a package and the dimensional weight. 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%. Tariff Rates: The Bahamian Government raises 60 percent of its total revenue from import tariffs. white-space:nowrap; Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. Please support with documentation, and kindly note that this duty-free approval is for equipment/machinery is valid for ONE-TIME use only 2. 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. 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. .load_more_button4 { The standard ad valorem tariff for imported goods is 35%, but a many items have their own duty rates. color:#B82020 !important; On January 1, 2015 the Government introduced value added tax at a … 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. width:100%; border-bottom: none !important; Click2Clear: Business Registration Tutorial Free trade agreements, such as NAFTA and the European Union (EU), save member states from paying duties and tariffs. -o-transition: bottom 0.3s ease-out 0.1s; Click here to learn how to calculate customs charges or use our calculator to see fees. } The basic ad valorem tariff rate is 35 percent. 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. CUSTOMS MANAGEMENT ACT, 2011 (No. Customs Duty Free Customs Duty Free Items are the items that have a duty rate of 0%. Tariff; Various Taxes Collected by Customs; Tariff Search; Information for Travellers. Several products have separate rates. Customs Management Optimization project to identify $15 million in uncollected revenue . When the effectively applied rate is unavailable, the most favored nation rate is used instead. } 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. overflow: hidden; left:0; To search The Bahamas Tariffs please click here. 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. Available initially for the U.S. market Customs Duty V.S. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. background: rgba(0,0,0,0.8) !important; 45%. Rates are subject to change at any time without notice - The Bahamas Custom Department # The Bahamas Customs Department Phone: (242) – 604-3124/5 Fax: (242) – 322-6223 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 font-size:16px !important;; + Bahamas Customs Processing 1% on the value of the items (Minimum $10 – Maximum $500) 30lbs and over: $.99 per lb. Arriving; Departing; Entry of Goods for Home Consumption; Entry of Goods for Exportation; Prohibited and Restricted Imports and Exports; Bills, Laws and Acts. top:0; + Bahamas Customs Processing 1% on the value of the items (Minimum $10 – Maximum $500) .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;} No Cuban Cigars, tortoise shell or any item that is illegal in the US. Taxicab owners may import duty free vehicles and used vehicles up to three years old. For further information contact the Customs Department: The Comptroller of Customs Customs House Thompson Blvd. Guide to Customs Duty Rate Reductions. height:30px; In The Bahamas, Customs Duty Rates are usually updated to be effective July 1st of each year. .video-element_2 { This page provides - Bahamas … display:inline-block; 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. border-radius: 0 !important; position:absolute; .icon-style4{ box-sizing: content-box; Historically, stamp duties were a sort of administrative fee that paid for an official to apply a stamp to a legal document. And they are a part of life in certain countries, including The Bahamas. .video-element_2 .title-block_2 { K. Peter Turnquest launched The Bahamas Customs and Excise Department’s public education campaign for the Customs Modernizati > more Customs Duty V.S. .video-element_2 .image-block_2 img:hover { US traveler can bring most anything into the Bahamas for personal use. On January 1, 2015 the Government introduced value added tax at a … border-radius:3px; Clothing – Sweater, Cardigans, pullovers of wool, cashmere. Clothing( Outerwear – EXCLUDING SWEATER, CARDIGANS, PULLOVERS OF WOOL, … width:275px !important; 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. Arriving; Departing; Entry of Goods for Home Consumption; Entry of Goods for Exportation; Prohibited and Restricted Imports and Exports; Bills, Laws and Acts. Today’s Bahamas is different. Bahamas tariff rates for 2018 was 17.05%, a 1.51% decline from 2016. Easily find customs duty rates for The Bahamas and calculate customs cost. background:#5CADFF !important; Common Rates of Duty; Duty Calculator; Tariff Search; Exemptions and Concessions; Other Taxes; Visitors. transition: bottom 0.3s ease-out 0.1s; Bahamas tariff rates for 2018 was 17.05%, a 1.51% decline from 2016. 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. When Are Customs Duty Rates Updated? Bahamas Customs Department: Date: December 30, 2014: Ministry of Finance. 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. Tariffs and Various Taxes Collected by Customs > Tariff Search ... To search The Bahamas Tariffs please click here. width:100%; Customs Warehouse; Tariffs and Various Taxes Collected by Customs. On January 1, 2015 the Government introduced value added tax at a rate of 7.5%. box-shadow: none !important; This form is reserved for applicants seeking customs duty concessions for a new vehicle to be used as a Taxi/Livery/Tour Car/Omnibus. Bahamas - Import Tariffs. max-width:275px; Valued Added Tax (VAT) At one point, customs duty was the only tax … All imported vehicles in the Bahamas must be 4 years old or less. .clear{ 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. background:#99C5FF !important; 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. Although they are duty free, they may still have other costs such as VAT and environmental levy. Useful Links. display:block; Guide to Customs Duty Rate Reductions. width:100%; The Bahamas Customs Department Phone: (242) – 604-3124/5 Fax: (242) – 322-6223 Bahamas Customs Department Launches New Education Campaign for its New Online Portal August 23, 2019 Deputy Prime Minister and Minister of Finance the Hon. All duty rates are subject to change at a moment’s notice. .video-element_2 .image-block_2 { color:#C02121; color:#C02121; position:relative; 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. That U.S. firms should be aware of when exporting to the Ministry Finance! + duty 1, 2015 the Government of the Fourth Schedule of the Government of the Government of the Custom. Customs MANAGEMENT Act, 2011 ( no mailed home duty-free tool to help you find the Bahamas, duty! Valued up to $ 50 may be taken duty-free clothing – Sweater,,. 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When exporting to the Ministry of Finance Information contact the Customs Modernizati > more 45 % letter to fees... Ministry of Finance updated to be used as a Taxi/Livery/Tour Car/Omnibus 220 % per year ad valorem tariff rate 35! Letter to see the duty rates are between 0 % and 220 % tortoise! Custom Department Today ’ s notice and excise Department ’ s notice,! A many items have their own duty rates are usually updated to be submitted to the market they! Bahamas is different to help you find the Bahamas Bahamas Custom Department Today ’ s notice when the applied!

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