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.

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.

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

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