New Excise Tax Rates for Goods Vehicles

E­ffective January 1, 2019, the following excise tax rates will apply on the import of MOTOR VEHICLES USED FOR THE TRANSPORT OF GOODS:

Motor vehicles (4 years and older) for the transport of goods

under Tari­ff Heading 87:04

- g.v.w (gross vehicular weight) not exceeding 5 tonnes

NIL
- OtherUS$2,000

- g.vw exceeding 5 tonnes but not exceeding 20 tonnes

NIL

- g.v.w exceeding 5 tonnes but not exceeding 7 tonnes

US$2,000

- g.v.w exceeding 7 tonnes but not exceeding 10 tonnes

US$2,500

- g.v.w exceeding 10 tonnes but not exceeding 15 tonnes

US$3,000

- g.v.w exceeding 15 tonnes but not exceeding 16 tonnes

US$3,000

- g.v.w exceeding 16 tonnes but not exceeding 20 tonnes

US$3,000
- g.v.w exceeding 20 tonnesNIL
- OtherUS$5,000

- Other, with spark-ignition internal combustion piston engine

NIL
- g.v.w not exceeding 5 tonnesNIL
- OtherUS$2,000
- g.v.w not exceeding 5 tonnesNIL
- g.v.w otherUS$2,000

This new provision is in accordance with the Excise Tax (Amendment) Regulations 2018.