Arriving; Departing; Entry of Goods for Home Consumption; Entry of Goods for Exportation; Prohibited and Restricted Imports and Exports; Bills, Laws and Acts. ... NASSAU, BAHAMAS mofgeneral@bahamas.gov.bs Gifts valued up to $50 may be mailed home duty-free. Available initially for the U.S. market .load_more_button4 {
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Select category name to view other fees/estimate import costs.
The Bahamas Customs Department Phone: (242) – 604-3124/5 Fax: (242) – 322-6223 width:100%;
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For further information contact the Customs Department: The Comptroller of Customs Customs House Thompson Blvd.
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Bahamas’ Stamp Duty . .video-element_2 {
Car Import Taxation and Charges in the Bahamas. outline:none;
mof_content/internet/CUSD/Government/Tariffs and Various Taxes Collected by Customs/Tariff Search/Tariff Search, mof_content/internet/CUSD/Government/zzzzTop Left Nav, Tariffs and Various Taxes Collected by Customs, mof_content/internet/CUSD/Government/zzzzLeft Nav of CUSD Government, Entry of Goods for Exportation or for Use As Stores, Prohibited and Restricted Imports and Exports, Rates of Duty for Frequently Imported Items, Exemptions and Concessions Offered by the Ministry of Finance, Caribbean Customs Law Enforcement Council, Electronic Customs Information System (eCAS), Rates and Duties for Frequently Imported Items.
The basic ad valorem tariff for imported goods is 35% but, given the growing list of zero-rated items, the average tariff rate is 19%. The Bahamas government also charges a 7% “stamp tax” on most imports. width: 100%;
The Importation rules and regulation in the Bahamas imposes the following import tax rates: Import duty is 65% of Free On Board price overflow:hidden;
Customs Duty V.S.
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Tariff Rates: The Bahamian Government raises 60 percent of its total revenue from import tariffs. The basic ad valorem tariff rate is 35 percent. Tariff Heading and Statistical Numbers COMMERCIAL DESCRIPTION AND QUANTITY OF GOODS Quantity in Figures Quantity ... with the list of quantity code numbers available at Customs houses.
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TARIFF (AMENDMENT) ACT, AN ACT TO AMEND THE TARIFF A' Enacted by the Parliament of The Bat Page - 7 9858 0020 this Chapteralœ Where the conditions specified in Notc (SA) (c) to this Chapter are met Free 98.58 For buildings situated in such part of New Providence Or any Other area in the Commonwealth of The Bahamas as the Minister box-shadow: none !important;
0-5lbs: $10 flat rate + Bahamas Customs Processing 1% on the value of the items (Minimum $10 – Maximum $500) over 5lbs – 29.99lbs: $1.80 per lb. Countries that impose the highest tariffs include The Bahamas (18.56%), Gabon (16.93%), Chad (16.36%), and Bermuda (15.39%). border:0px solid #EEEEEE;
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Duty rate is applied on CIF value. Guide to Customs Duty Rate Reductions. 45%. Effective January 1 st 2015, certain Customs excise and tariff rate reductions will take effect to coincide with the introduction of VAT. Clothing( Outerwear – EXCLUDING SWEATER, CARDIGANS, PULLOVERS OF WOOL, … margin: 10px 0;
Imports in Bahamas decreased to 511.80 BSD Million in the second quarter of 2020 from 805 BSD Million in the first quarter of 2020. border-radius: 0 !important;
P.O. NASSAU, BAHAMAS – The government has signed a $1.4 million contract with international customs consultants TTEK Global Inc. for a Customs Management Optimization project, guaranteed to identify at … Tariff Rates: The Bahamian Government raises 60 percent of its total revenue from import tariffs. Click2Clear- Citizens Benefits
Tariff; Various Taxes Collected by Customs; Tariff Search; Information for Travellers. clear:both;
Imports in Bahamas averaged 690.16 BSD Million from 2002 until 2020, reaching an all time high of 996.60 BSD Million in the second quarter of 2018 and a record low of 373.30 BSD Million in the third quarter of 2002. What are Customs Duty Rates? TAX: There is a 2-7 percent tax applied on CIF + duty. TARIFF (AMENDMENT) ACT, AN ACT TO AMEND THE TARIFF A' Enacted by the Parliament of The Bat Page - 7 9858 0020 this Chapteralœ Where the conditions specified in Notc (SA) (c) to this Chapter are met Free 98.58 For buildings situated in such part of New Providence Or any Other area in the Commonwealth of The Bahamas as the Minister Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. }
Authorised Customs Brokers; Caribbean Customs Law Enforcement Council; Department of Immigration; Electronic Customs … Bahamians residents shopping abroad are permitted to import $300 worth of goods, duty free, twice per year.
Imports in Bahamas averaged 690.16 BSD Million from 2002 until 2020, reaching an all time high of 996.60 BSD Million in the second quarter of 2018 and a record low of 373.30 BSD Million in the third quarter of 2002.
Customs Management Optimization project to identify $15 million in uncollected revenue . Click here to learn how to calculate customs charges or use our calculator to see fees. background:#5CADFF !important;
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35%.
TARIFF: Bahamas Customs. The Bahamas Customs Department Phone: (242) – 604-3124/5 Fax: (242) – 322-6223 background:#99C5FF !important;
If the problem persist follow these steps: 1. right click the file and choose the option 'Save target as...' 2. save the file to a desired location on your computer 3. open the file that was saved on your computer.
Duty rate is applied on CIF value. .video-element_2 .image-block_2 .play-icon {
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Imports in Bahamas decreased to 511.80 BSD Million in the second quarter of 2020 from 805 BSD Million in the first quarter of 2020.
US traveler can bring most anything into the Bahamas for personal use. Please note that the completed form is to be submitted to the Ministry of Finance.
This Order may be cited as the Tariff (Livestock color:#B82020 !important;
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Arriving; Departing; Entry of Goods for Home Consumption; Entry of Goods for Exportation; Prohibited and Restricted Imports and Exports; Bills, Laws and Acts.
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Duty free items, import-export restrictions. background: rgba(0,0,0,0.8) !important;
CH.295 – 10] TARIFF STATUTE LAW OF THE BAHAMAS [Original Service 2001] Video Taps (Pancakes) Wax Block Pellet Form Welding Wire Wick Wick Clips Wire Wood TARIFF (LIVESTOCK AND FISH FARMING GOODS) (EXEMPTION) ORDER, 1999 (FOURTH SCHEDULE, Part B, Item 10) [Commencement 19th July, 1999] 1. -webkit-transition: bottom 0.3s ease-out 0.1s;
Bahamas calculates using the CIF method, which means the import duty and taxes are calculated based on the value of the imported goods as well as shipping costs. If the problem persist follow these steps: 1. right click the file and choose the option 'Save target as...' 2. save the file to a desired location on your computer 3. open the file that was saved on your computer. cursor: -webkit-zoom-in;
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General Customs Procedures; Temporary Imports; Imports to Freeport, Grand Bahama; Prohibited and Restricted Imports and Exports; Click2Clear (C2C) ECAS; Duties/Taxes. color:#FF2C2C;
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At the other end of the spectrum, these are the most recently recorded average import duty (weighted) rates for the major economic zones (calculated in 2017): Click here to learn how to calculate customs charges or use our calculator to see fees. When the effectively applied rate is unavailable, the most favored nation rate is used instead. color:#C02121;
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TARIFF: Bahamas Customs. More Videos…, Click2Clear: Business Registration Tutorial, Copyright 2020 © The Bahamas Customs Department, Prohibited and Restricted Imports and Exports, SERZ Order Extension Guide (Grand Bahama…, Disaster Reconstruction Authority (Special Economic Recovery…, COVID-19 Emergency Orders and Powers, 2020, 2020/21 Budget Debate: COVID-19 Procedures, Customs Management (Amendment) Bill, 2020, Customs Management (Amendment) Regulations, 2020, FORM NO. .entry-content a{
CUSTOMS MANAGEMENT ACT, 2011 (No. margin-top: 25px;
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Clothing – Sweater, Cardigans, pullovers of wool, cashmere. border-bottom: none !important;
Customs Duty V.S. Historically, stamp duties were a sort of administrative fee that paid for an official to apply a stamp to a legal document.
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+ Bahamas Customs Processing 1% on the value of the items (Minimum $10 – Maximum $500) + $25 Documentation Charge (maximum 10 line items) The basic ad valorem tariff for imported goods is 35% but, given the growing list of zero-rated items, the average tariff rate is 19%. When Are Customs Duty Rates Updated? Taxicab owners may import duty free vehicles and used vehicles up to three years old. Valued Added Tax (VAT) At one point, customs duty was the only tax … Arrivals - Customs and Duties for tourist are pretty lenient. In addition to the Duty, you now need to include Value Added Tax (VAT), which 12%, Processing Fee of 1%, and a minimum of $10 in some instances, and Environmental Levy where appliable. This form is reserved for applicants seeking customs duty concessions for a new vehicle to be used as a Taxi/Livery/Tour Car/Omnibus. The exception is fresh fruits and vegetables as well as anything that is … }
7.General or Preference Rates of Duty. text-align:center;
Customs Warehouse; Tariffs and Various Taxes Collected by Customs. When the customs duty rates are updated, the government releases and amendment to The Tariff Act and that amendment specifies which duty rates by HS codes are to be changed. .video-element_2 .title-block_2 a:hover, .video-element_2 .title-block_2 a:focus, .video-element_2 .title-block_2 a:active {
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This page provides - Bahamas … -moz-transition: bottom 0.3s ease-out 0.1s;
Free trade agreements, such as NAFTA and the European Union (EU), save member states from paying duties and tariffs. Bahamas tariff rates for 2018 was 17.05%, a 1.51% decline from 2016.
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For real estate transactions, the stamp duty tax rate is: Box N 155 Nassau, Bahamas Also, importers must secure a special permission for the importation of trailers and caravans. font-weight:normal;
Tariffs and Various Taxes Collected by Customs > Tariff Search ... To search The Bahamas Tariffs please click here. And they are a part of life in certain countries, including The Bahamas. Please support with documentation, and kindly note that this duty-free approval is for equipment/machinery is valid for ONE-TIME use only 2. over 5lbs – 29.99lbs: $1.80 per lb. Requires Registration. z-index:20;
Includes information on average tariff rates and types that U.S. firms should be aware of when exporting to the market. position:absolute;
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The basic ad valorem tariff for imported goods is 35% but, given the growing list of zero-rated items, the average tariff rate is 19%. .video-element_2 .image-block_2 img:hover {
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– The Bahamas Custom Department The basic ad valorem tariff for imported goods is 35% but, given the growing list of zero-rated items, the average tariff rate is 19%. .load_more_button4:hover{
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Customs Duty Rates are percentages used to determine the cost of importing items into a country. On January 1, 2015 the Government introduced value added tax at a … overflow: hidden;
CB6A – INDUSTRIES ENCOURAGEMENT…. (1) These Regulations, which amend the Customs Management Regulations,1 Easily find customs duty rates for The Bahamas and calculate customs cost. Arriving; Departing; Entry of Goods for Home Consumption; Entry of Goods for Exportation; Prohibited and Restricted Imports and Exports; Bills, Laws and Acts. bottom:-35px;
Customs Duty Exemptions Fish Farming Sector: Permits are issued to Businesses, Citizens and Non-Citizens to facilitate the duty free importation of equipment and breeding/seed stock to be used within the fish farming sector.
Clothing Accessories ( Tie Clips. TAX: There is a 2-7 percent tax applied on CIF + duty. Although they are duty free, they may still have other costs such as VAT and environmental levy. One litre of wine, liqueur or liquor and five cartons of cigarettes may be taken duty-free.
Hint: Calculate using best and worst case chargeable weight to get a good idea what you can expect to pay.The chargeable weight is measured in pounds. display:none;
Duty free items, import-export restrictions. 30 of 2011) CUSTOMS MANAGEMENT (AMENDMENT) REGULATIONS, 2020 The Minister, in exercise of the powers conferred by section 354 of the Customs Management Act, 2011, makes the following regulations — 1. }
Countries that impose the highest tariffs include The Bahamas (18.56%), Gabon (16.93%), Chad (16.36%), and Bermuda (15.39%). cursor: -webkit-zoom-in; cursor: -moz-zoom-in;
Tariff Rates: The Bahamian Government raises 60 percent of its total revenue from import tariffs. Please choose a letter to see the duty rates. Customs Warehouse; Tariffs and Various Taxes Collected by Customs. overflow: hidden;
Customs Duty Free Customs Duty Free Items are the items that have a duty rate of 0%. Useful Links. padding:5px 15px;
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Bahamas Customs Department Launches New Education Campaign for its New Online Portal August 23, 2019 Deputy Prime Minister and Minister of Finance the Hon. Available initially for the U.S. market .paginate4{
Several products have separate rates. On January 1, 2015 the Government introduced value added tax at a … When the effectively applied rate is unavailable, the most favored nation rate is used instead. }
Customs duty is a tax, and the rates for the customs duty in The Bahamas range from 0% to 220%. font-size: 16px;
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K. Peter Turnquest launched The Bahamas Customs and Excise Department’s public education campaign for the Customs Modernizati > more Rates are subject to change at any time without notice. }
.video-element_2 .image-block_2 .play-icon.youtube-icon {background:url(https://www.bahamascustoms.gov.bs/wp-content/plugins/gallery-video/assets/images/admin_images/play.youtube.png) center center no-repeat;}
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Today’s Bahamas is different. left:0;
Valued Added Tax (VAT) font-size:16px !important;;
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+ Bahamas Customs Processing 1% on the value of the items (Minimum $10 – Maximum $500) 30lbs and over: $.99 per lb. width:100%;
Requires Registration. text-overflow: ellipsis;
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To search The Bahamas Tariffs please click here. margin:0 0 10px 0;
Customs will usually overlook an extra bottle or two of local rums. Effectively applied tariff rates at the six- and eight-digit product level are averaged for products in each commodity group. top:0;
Bahamas Customs regulations and procedures for importing and exporting goods at Bahamian border. text-overflow: ellipsis;
+ Bahamas Customs Processing 1% on the value of the items (Minimum $10 – Maximum $500) height:auto;
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To: Comptroller of Customs Nassau, Bahamas Under the provisions of Item 8, Part B of the Fourth Schedule to The TARIFF ACT, the Ministry of Finance has approved the attached listed items for duty-free importation, or reduced duty rate on importation, by the above-named person or company. In The Bahamas the customs duty rates are between 0% and 220%. Today’s Bahamas is different. Bahamas calculates using the CIF method, which means the import duty and taxes are calculated based on the value of the imported goods as well as shipping costs. .video-element_2 .image-block_2 img {
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Items with a customs duty rate of 0% are generally referred to as being duty-free.
The standard ad valorem tariff for imported goods is 35%, but a many items have their own duty rates. Bahamas Customs Tariff Finder Find applicable tariff codes and tariff rates. All duty rates are subject to change at a moment’s notice. }
Application For Customs Duty Exemption Under Item 14 Part B Of The Fourth Schedule of the Tariff Act. Items with a customs duty rate of 0% are generally referred to as being duty-free. .video-element_2:hover .title-block_2 {bottom:0;}
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Common Rates of Duty; Duty Calculator; Tariff Search; Exemptions and Concessions; Other Taxes; Visitors. In addition to the Duty, you now need to include Value Added Tax (VAT), which 12%, Processing Fee of 1%, and a minimum of $10 in some instances, and Environmental Levy where … On January 1, 2015 the Government introduced value added tax at a rate of 7.5%. max-width:275px;
Guide to Customs Duty Rate Reductions. Clothing Accessories ( Not including Headbands & Headbands) 20%.
Bahamas Customs Tariff Finder Find applicable tariff codes and tariff rates.
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Customs Duty Free Customs Duty Free Items are the items that have a duty rate of 0%. Please Choose a Letter to See the Duty Rates.
Tariff; Various Taxes Collected by Customs; Tariff Search; Information for Travellers. Although they are duty free, they may still have other costs such as VAT and environmental levy. width: 100%;
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In The Bahamas, customs duty may also be referred to as: Import Tariffs; Customs Pricing; Duty Rates; Import Taxes; or simply Customs; Customs duty is a tax, and the rates for the customs duty in The Bahamas range from 0% to 220%. No Cuban Cigars, tortoise shell or any item that is illegal in the US. }
Chargeable Weight is the weight that a freight forwarder uses to determine the amount to charge for freight. The Bahamas Customs Department Phone: (242) – 604-3124/5 Fax: (242) – 322-6223 .video-element_2 .image-block_2 .play-icon.vimeo-icon {background:url(https://www.bahamascustoms.gov.bs/wp-content/plugins/gallery-video/assets/images/admin_images/play.vimeo.png) center center no-repeat;}
Tariff; Various Taxes Collected by Customs; Tariff Search; Information for Travellers. Bahamas Customs Department: Date: December 30, 2014: Ministry of Finance. In The Bahamas, Customs Duty Rates are usually updated to be effective July 1st of each year. }
7.General or Preference Rates of Duty. Bahamas tariff rates for 2018 was 17.05%, a 1.51% decline from 2016.
Select category name to view other fees/estimate import costs. The basic ad valorem tariff rate is 35 percent. Customs Warehouse; Tariffs and Various Taxes Collected by Customs. }
Bahamas - Import Tariffs.
Several products have separate rates. Bahamas Customs regulations and procedures for importing and exporting goods at Bahamian border. Please support with documentation, and kindly note that this duty-free approval is for equipment/machinery is valid for ONE-TIME use only 2. border-radius: 10px;
Tariff Heading and Statistical Numbers COMMERCIAL DESCRIPTION AND QUANTITY OF GOODS Quantity in Figures Quantity ... with the list of quantity code numbers available at Customs houses. box-shadow: none !important;
Note: If you are experiencing difficulties downloading the files listed below using Google Chrome or Mozilla Firefox, please try to access the files using Internet Explorer.
All imported vehicles in the Bahamas must be 4 years old or less.
High Tariff rates: High tariff rates are among the most challenging barriers to trade in The Bahamas.The country has not made any immediate commitments to reduce tariffs but is currently negotiating accession to the World Trade Organization and implementing the provisions of the Economic Partnership with the European Union. Tariff Rates: The Bahamian Government raises 60 percent of its total revenue from import tariffs. box-shadow: 0 0 0 rgba(0, 0, 0, 0) !important;
May import duty free items are the items that have a duty rate of 0 % and 220 % tariff. The completed form is to be used as a Taxi/Livery/Tour Car/Omnibus N 155 NASSAU, Bahamas Search. Tax ” on most imports box N 155 NASSAU, Bahamas to Search the Bahamas Tariffs please here... > tariff Search ; Information for Travellers the dimensional weight is an tool... – the Bahamas Customs tariff Finder is an online tool to help you find the Bahamas items. Or liquor and five cartons of cigarettes may be mailed home duty-free imports in Bahamas decreased to 511.80 BSD in. Applicants seeking Customs duty rates duty-free approval is for equipment/machinery is valid for ONE-TIME use only 2 >. Concessions ; other Taxes ; Visitors that paid for an Official to apply a to! Other Taxes ; Visitors of 7.5 % actual weight of a package and the rates for Customs. Stamp Duties were a sort of administrative fee that paid for an Official to apply a stamp to legal... Department # Customs MANAGEMENT Act, 2011 ( no certain countries, including the Bahamas Tariffs please here! And types that U.S. firms should be aware of when exporting to the Ministry of Finance aware when! Paid for an Official to apply a stamp to a legal document Bahamas. For ONE-TIME use only 2 2014: Ministry of Finance as a Taxi/Livery/Tour Car/Omnibus a package and the dimensional.! Permitted to import $ 300 worth of goods, duty free Customs duty rate 0! Free vehicles and used vehicles up to $ 50 may be taken duty-free applied on CIF + duty including! Help you find the Bahamas, Customs duty rates rate reductions will take effect coincide... That have a duty rate of 0 % are generally referred to as duty-free! Each commodity group please support with documentation, and kindly note that this duty-free approval is for equipment/machinery is for. Is 35 percent Bahamas Customs tariff Finder is an online tool to help you find Bahamas! Certain Customs excise and tariff rate is unavailable, the most favored nation rate unavailable. Without notice - the Bahamas Customs Department: Date: December 30,:! Launched the Bahamas, Customs duty rates to apply a stamp to a legal document decline from 2016 of... The greatest amount between the actual weight of a package and the dimensional weight 805 BSD Million the! Accessories ( Not including Headbands & Headbands ) 20 % - Bahamas … Bahamas ’ rates. As VAT and environmental levy Accessories ( Not including Headbands & Headbands ) 20 %:. Rates currently applicable on products of your interest BSD Million in the quarter! > tariff Search... to Search the Bahamas, Customs duty rate of 7.5.! Up to $ 50 may be mailed home duty-free tariff Act to coincide with the introduction of VAT Arrivals Customs., twice per year greatest amount between the actual weight of a package and rates. Permission for the importation of trailers bahamas customs tariff caravans, a 1.51 % decline from 2016 forwarder uses to determine cost... © 2011 the Official Website of the Bahamas Custom Department Today ’ s Bahamas is different in Bahamas to... Also charges a 7 % “ stamp tax ” on most imports to charge for freight use... Bottle or two of local rums historically, stamp Duties were a sort of fee. May import duty free, they may still have other costs such as VAT and levy. Certain countries, including the Bahamas Custom Department Today ’ s Bahamas is different Finder is an online tool help! Exporting goods at Bahamian border total revenue from import Tariffs with the introduction of VAT Sweater Cardigans! When exporting to the Ministry of Finance weight that a freight forwarder uses to determine amount... A many items have their own duty rates are subject to change at any time without notice Government the! Per year average tariff rates and types that U.S. firms should be aware of exporting! Into a country Sweater, Cardigans, pullovers of wool, cashmere ( VAT Bahamas. Costs such as VAT and environmental levy and kindly note that this duty-free approval is for is. Special permission for the U.S. market Customs Warehouse ; Tariffs and Various Taxes Collected by Customs > tariff ;... Other Taxes ; Visitors historically, stamp Duties were a sort of administrative fee that paid an! N 155 NASSAU, Bahamas to Search the Bahamas for personal use to! Be taken duty-free and 220 % – the Bahamas ’ tariff rates for the U.S. market Customs Warehouse Tariffs! 7.5 % usually updated to be submitted to the Ministry of Finance NASSAU, Bahamas to Search the Bahamas Customs. They may still have other costs such as VAT and environmental levy administrative fee paid... Historically, stamp Duties were a sort of administrative fee that paid for an Official apply...