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This information is being maintained for archive/historical purposes only.
It will not be updated.
Profile of Current Duty Concessions
Cabinet this week approved an extension of the 50% reduction on duty on building supplies, furniture and appliances, etc., to 31 March 2005, when it will be reviewed. The Portfolio of Finance & Economics and the Customs Department have been swiftly responding to the recovery needs of residents and businesses by implementing duty concessions as approved by Cabinet.
Duty Concession |
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Proviso/Details |
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Expiry |
| Vechicles 10 % reduction of current duty rates (tariff codes: 87.01 through 87.05) |
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Applies only to written-off vehicles –
individual and commercial importers are
eligible. Boats are not included. Applications
are to be made to the Portfolio
of Finance & Economics (forms available
from the Portfolio). |
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30 June 2005
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Building materials 50% reduction of current duties |
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Includes items such as lumber, trusses,
plywood, sheet rock, cement board, nails,
hurricane straps, tacks, screws (wood/
masonry) anchor bolts, steel, texture 1 -
11, wire slab, wire mesh, electrical wire,
cement, shingles, roofing tiles, roofing
underlay products, zinc (all types of galvanized
sheeting), blocks/pavers, compounds
(knockdown, joint, etc.), PVC
piping, electrical conduit piping, copper
plumbing materials. Individual and commercial
importers are eligible for this concession. |
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31 March 2005 |
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Fixtures and Furniture 50% reduction of current duties |
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Includes hard home furnishings (sofas,
tables, chairs, beds, etc.), appliances
(stoves, refrigerators, washers, dryers,
dishwashers, microwaves, etc.), doors and
windows and associated hardware, insulation,
floor tiles and tiling materials (thin
set, grouting), lighting fixtures, ceiling
fans, a/c units, bathroom fixtures (tubs,
toilets, wash basins), paneling, guttering,
cabinetry, carpeting/rugs, screens, ceiling
tiles. Individual and commercial importers
are eligible for this concession. |
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31 March 2005 |
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| Computers & Office Equipment 50% reduction of current duties |
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Individual and commercial importers are eligible
for this concession. |
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31 March 2005 |
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