Thu. May 23rd, 2024

Import Duty – 20% General Consumption Act – 25% Environmental Levy – 0.5% Standard Compliance Fee – 0.3%

How is customs duty calculated in Jamaica?

For goods arriving by sea, the insurance charge is 1.5% of the total Cost and Freight(c. & f.), that is, if the goods cost US$100 and the freight charge is US$50, then C&F would be US$100 + US$50 = US$150. 1.5% of US$150, i.e. 150 x 3/200 = US$2.25. Total c.i.f. therefore is $100 + $50 + $2.25 = US$152.25.

How do I avoid customs charges in Jamaica?

When entering Jamaica, your duty-free limit is increased from US$50 to $500. With this in mind, an easy way for you to avoid customs fees is to wait until your next trip or ask a relative who is visiting to take the item for you.

How do I calculate customs duty?

Once you have found the rate, you can calculate the duty on your shipment. To do this add up the value of the goods, freight costs, insurance and any additional costs, then multiply the total by the duty rate. The result is the amount of duty you'll need to pay customs for your shipment.

What percentage does customs charge?

Customs Duty

Type and value of goodsCustoms Duty
Non-excise goods worth £135 or lessNo charge
Gifts above £135 and up to £6302.5%, but rates are lower for some goods – call the helpline
Gifts above £630 and other goods above £135The rate depends on the type of goods and where they came from – call the helpline

How much would customs cost?

Standard rate of Customs Duty It may be possible to benefit from a standard rate of 2.5% Customs Duty. This standard rate can be applied to non-commercial goods valued at €700 or less per individual. To determine if the value is more than €700 the following are excluded: the allowance (€430 or €215)

Why is Jamaica customs so expensive?

These include import duty, standard compliance fee, environmental levy, stamp duty, Customs administrative fee, and General Consumption Tax. After revision of these charges the element that attracts the highest cost, in most instances, is the Customs administrative fee. … These fees are absolutely oppressive.

How much does it cost to clear a package in Jamaica?

The minimum cost to clear a barrel containing items for personal use is JA$6,500.00.