What customs duties and taxes are levied on goods?
Import duties and taxes, payable or coverable by acceptable surety range from 0-20% of the Cost, Insurance and Freight Value (CIF) Value. There are some exceptions to these rates which include agricultural products, jewellery and vehicles. Most imported goods are subject to an Environmental Levy at the rate of 2% and a Value Added Tax of 15%. A limited number of commodities carry individual, specific rates.
