Page 1 bahamas customis nassau, bahamas medical officer. Deputy prime minister and minister of finance the hon. Duty information and regulations for importing cars into the bahamas. When general rates are declared, insert 1 when preference rates are declared, insert 0. The department of statistics is pleased to announce the release of its 2005 foreign trade figures. Contact information for advice on tariff classification of goods, rates of duty, the interpretation or application of the customs tariff, permits which may be required for certain goods or information on other cbsa programs. Find affordable rates for shipping to the bahamas at blue postal. Frequently imported list to access the frequently imported list, click here.
The following list sorts countries according to their weighted mean applied import duty on all products. The duty free goods include camera equipment, perfume, jewelry, clocks, watches table linen, leather goods, china, crystal, and certain liquors. See chart in store or frequently imported items processing fee. In keeping with its commitment to assist bahamians and business owners alike by reducing and eliminating some of the taxes placed on a variety of items, deputy prime minister and minister of finance peter turnquest revealed those proposed tax exemptions by the government during yesterdays 20172018 budget communication. The value declared must be in accordance with the bahamian valuation standard as required by section 86 and the third schedule of the customs management act.
The customs department monitors and controls the crossborder movement of goods and people. Customs officers work in partnership with the bermuda police service in preventing and detecting smuggling and other criminal activity. Evidence of duty payment or other customs clearance must be produced. Customs officers process customs declarations for all arriving passengers on ships, yachts, or aircraft and assess and collect duty and other taxes. In addition to the security equipment exemption, rates were reduced on a number of food and other consumer items, medical equipment, building materials, classroom school supplies for teachers and electronic book readers. Customs accepts xls, pdf, doc, or csv formats for declarations, however in the submission. The merchant must pay the current customs duty rates in effect on the date the goods are removed from the warehouse during the transition period. The customs tariff finder is an online tool to help you find the bahamas tariff rates currently applicable on products of your interest. Rates of duty and d use of this exemption is available only for the period commencing 1st july, 2015 and ending 30th june, 2017. Us traveler can bring most anything into the bahamas for personal use. Original service 2001 statute law of the bahamas 2.
To access the frequently imported list, click here. In addition to the security equipment exemption, rates were reduced on a number of food and other. The goods specified in the schedule used by fishermen registered with the minister responsible for fisheries in the commercial fishing and bone fishing industries shall be exempt front customs duties. Check out the duty rates on commonly imported items. Goods entered into the warehouse may be released during the transition period however. This report presents data on the volume and nature of trade between the bahamas and its trading partners. This act amends the customs duties act cap 423 and applies rates of import duties on some items falling under article 164 of the revised treaty of chaguaramas. Any purchases of alcohol or tobacco may be subject to duties and taxes. Free gifts or promotional items must be taken into consideration as must personal goods. Only goods subject to reduced customs duty rates on january 1, 2015 will be eligible for entry.
Legislative amendments that came into force at the beginning of this fiscal year have resulted in changes to the taxing regime applicable to real property in the bahamas. Exemption from customs duty used 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 used vehicle not older that three 3 years to be used as a taxiliverytour caromnibus. Bahamas customs department launches new education campaign for its new online portal. Common rates of duty the bahamas customs department. Customs duty rates have been reduced due to the implementation of vat and is. The exception is fresh fruits and vegetables as well as anything that is illegal in the us. The first schedule of the customs duties act is amended a by deleting from under the heading general note, the paragraph beginning with the words the rates of duty shown in the schedule of rates and inserting the following paragraphs the rates of duty shown in the schedule of rates will be applicable to imports from.
Business owners are getting some relief in securing their businesses with the elimination of customs duty on surveillance equipment in the 20112012 budget. All duty rates are subject to change at a moments notice. Bahamas household goods and personal effects customs regulations and required documents customs regulations. Powered by the international trade centre, macmap provides you with customs tariff rates for your product in different markets in consideration of existing trade agreeements and. Bahamas customs tariff finder find applicable tariff codes and tariff rates. This report presents data on the volume and nature. Descriptive guide to excise and tariff amendment bill, 2015. The customs tariff is based on the world customs organizations wco harmonized commodity description and coding system hs. All goods remaining in the warehouse at midnight december 31, 2014 will be subject to the customs duty rates in effect on january 1, 2015, plus vat, processing and environmental levy fees. Arrivals customs and duties for tourist are pretty lenient. Customs rate on security equipment among duties reduced. Customs department civil aviation landing fees posted date.
This document was uploaded by user and they confirmed. All individuals or businesses interested in importing one or more used vehicles should know that there are a number of necessities to be accomplished before claiming your vehicle. Dutyfree goods to support the tourism industry, customs duties on a number of luxury goods were eliminated in 1990. Customs tariff amendment act 2015 amends section 5 in section 5 of the customs tariff act 1970 the principal act, after subsection 2 insert the seventh schedule which provides miscellaneous reliefs in respect of goods brought back to bermuda and warranty replacements has effect. Deputy prime minister and minister of finance on wednesday, 30th may 2018. Duties and taxes general department of customs and. Carlietha fox wins post office employee of the year. Bahamas customs department home consumption entry business. The level of customs duties is a direct indicator of the openness of an economy to world trade. As of july 1, 20 all shipments customs introduced a processing fee. Rates of duty for frequently imported items collecting and protecting the revenue of the bahamas bahamas customs department linen bed 30% linen kitchen 30% linen table 10% lotion 45% luncheon meat beef slicedunsliced free ham slicedunsliced free turkey slicedunsliced free other including mixtures slicedunsliced free. Value the value declared must be in accordance with the valuations of goods for the purposes of the customs tariff as required by section 146 and the third schedule of the customs management act.
Box 155, nassau, the bahamas from the first foreign port of call after leaving the bahamas. Please note that most of the documents are in pdf format so you need to have adobe reader. Japan used car import duty regulation in bahamas year. Bahamas participates in world investment forum 2014. The new fiscal year for the government of the bahamas began on 1 st july 2018. It was one of a number of reductions in customs duty rates ingraham listed during the budget debate monday. The standard ad valorem tariff for imported goods is 35%, but a many items have their own duty rates. Duty rate on cars cut, but ban on vehicles over ten years old. There are different types of duties and taxes collected by customs. Importation of goods and services in the bahamas and for connected matters enacted by the parliament of the bahamas part i preliminary 1.
Part c of this form is to be completed only in respect of pleasure vessels which have been entered for home use in the bahamas. Price calculator calculate your price bahamas customs. Electronic customs information system ecas free trade area of the americas ftaa ports of entry. Rates and duties for frequently imported items bahamas. The dutyfree goods include camera equipment, perfume, jewelry, clocks, watches table linen, leather goods, china, crystal, and certain liquors. The following is a summary of the reductions that will take effect, and what the current rates of duties are on such items. Import duty refers to taxes levied on imported goods, capital and services. Commonwealth of the bahamas 201819 budget communication implementing the governments policy agenda and securing core fiscal objectives presented to the honourable house of assembly by the hon. Duties and taxes general department of customs and excise. Security surcharge with an effective date of july 1, 2015. Vat is applicable to value, actual duty, processing fees. Customers presence is required for customs clearance.
Duty free goods to support the tourism industry, customs duties on a number of luxury goods were eliminated in 1990. Canada customs duty rates on alcohol the rate applies only to goods that accompany you and does not apply to tobacco you are allowed to import only one of the following amounts of alcohol and alcoholic canadianmade products with this mark are sold at dutyfree shops. All items are subject to taxes and duties including used personal effects. May 28, 2015 prime minister perry christie said the revenue performance of value added tax vat since its implementation in january has opened the door for several customs duty reductions and some tariff. The government of the commonwealth of the bahamas offers exemption waivers for duties on the raw materials to encourage industrial development and promote investment. Customs officers also look for and seize illegal weapons, drugs and other contraband. Effective january 1 st 2015, certain customs excise and tariff rate reductions will take effect to coincide with the introduction of vat. The premier company for freight forwarding from us to the bahamas.
Effective january 1st 2015, certain customs excise and tariff rate reductions will take effect to. Schedule items exempt from customs duties bait and feed bone fishing vessels and engines. Peter turnquest launched the bahamas customs and excise departments public education campaign for the customs modernizati more. Value added tax act, 2014 the government of the bahamas. The bahamas government also charges a 7% stamp tax on most imports. All entries must be completed in ink or typewritten.
Compilation of foreign motor vehicle import requirements, 2015. Modernization of real property taxation in the bahamas. Commonwealth of the bahamas bahamas customs department. The following free duty advantage is applicable only to vehicles, trucks, and auto parts that comply with a nafta certificate of origin. Prime minister perry christie said the revenue performance of value added tax vat since its implementation in january has opened the door for several customs duty reductions and some tariff. Raw materials that are not assigned for duty free exemption under the encouragement act are eligible for consideration at a reduced rate. General or preference rates of duty when general rates are declared insert 1. Rates and duties of frequently imported items customs. Shipping ports the common port in bahamas for importation of used vehicles from japan is freeport and nassau lefthand drive vehicles importation of left hand drive vehicles is preferred in bahamas preshipment inspection. Duties and taxes are levied on any imported and exported goods before releasing them from customs. Other matters hotels encouragement act, 1954, chapter 263, the statute laws of the bahamas, 1987 revision, volume vi the hotels encouragement act provides for customs duty exemptions on materials imported to the bahamas for the construction, equipping, furnishing and completion of bahamas. Rates and duties of frequently imported items bahamas customs.
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