Importation of Cars

Importation of Cars


Definitions of terms used

  • Customs Value is freight plus the value of the vehicle.
  • Import Duty is 40% of the customs value plus an environmental levy of EC$3,00.00 if the car is 5 or more years old, otherwise for the EC$3,000 substitute 1% of the customs value.
  • Customs Service Charge is 3% of the customs value.

You Pay

  • Excise tax which is 28% of the customs value plus the import duty plus the customs service charge and;
  • Value Added Tax (VAT) of 15% on customs value plus import duty plus the customs service charge plus the excise tax.

For More Information

We recommend you contact the Port Authority at (767) 448-2401 for further information. Mr. Michael White is very helpful.

Please see the examples below for calculating vehicle importation costs.

EXAMPLE: NEW VEHICLE EC$
Price: $100,000.00
Freight cost: $4,000.00
Customs value: $104,000.00
Import duty

40% of customs value:

$41,600.00

+ Environmental Levy

(1% of customs value):

$1,040.00

+ Customs service charge

(3% of customs value):

$3,120.00

Total

$45,760.00
Excise Tax: 28% of:

customs value ($104,000.00)

+ import duty ($45,760.00)

i.e. 28% of $149,760.00

$41,932.80
VAT 15% of:

customs value ($104,000.00)

+ import duty ($45,760.00)

excise tax ($41,932.80)

i.e. 15% of $191,692.80

$28,753.92
Total charges on importation: $116,446.72

 

EXAMPLE: OLDER VEHICLE EC$
Price: $10,000.00
Freight cost: $4,000.00
Customs value: $14,000.00
Import duty

40% of customs value:

$5,600.00

+ Environmental Levy

$3,000.00

+ Customs service charge

(3% of customs value):

$420.00

Total

$9,020.00
Excise Tax: 28% of:

customs value ($14,000.00)

+ import duty ($9,020.00)

i.e. 28% of $23,020.00

$6,445.60
VAT 15% of:

customs value ($14,000.00)

+ import duty ($9,020.00)

excise tax ($6,445.60)

.e. 15% of $29,465.60

$4,419.84
Total charges on importation: $19,885.44