CONCESSIONS WILL BE GRANTED FROM NOV. 1, 2021 TO JAN. 31, 2022.
The Cabinet of Ministers has approved the granting of concessions on barrels imported between 1 st November 2021 and 31st January 2022.
The concessions are granted in accordance with the following terms and conditions:
1. 100% Waiver of Import Duty on personal items, food, clothing, toys, and other household consumables. Electronic items are explicitly excluded;
2. The number of barrels that would qualify for the concessions would be limited to two (2) per household;
3. There would be an upper limit of EC$2,500 per barrel on the value of items qualifying for the concessions;
4. The items identified in one (1) must be for personal use only and not for commercial use;
5. The usual penalties, fines, etc. would be applied if the goods are used for commercial purposes;
6. Barrels imported during the period under consideration will be exempted from Value Added Tax (VAT) pending the passage of the appropriate negative resolution by Parliament.