Trinidad and Tobago - Customs and duties

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Trinidad And Tobago Customs And Duties 1445
Photo by: Georgios Kollidas

Customs and duties are a significant source of government revenue. Most imported articles are subject to import duties, as well as a stamp tax, an import surcharge, a value-added tax (VAT–15%), and excise taxes on petroleum products, tobacco, and alcoholic beverages that are sold locally. Trinidad and Tobago applies the CARICOM common external tariff to most goods. The rates range from zero to 20%.

Free trade zones (FTZs) were authorized by law in 1988; the first FTZ was established in the Point Lisas Industrial Estate. Trinidad and Tobago is a member of CARICOM, a signatory to the Lomè Convention, and has special trade agreements with Venezuela, the United Kingdom, Ireland, France, and the United States. The country benefits from the Caribbean Basin Initiative (CBI), which allows duty-free entry of many products into the United States.

Also read article about Trinidad and Tobago from Wikipedia

User Contributions:

ngozichi Omekara
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Sep 4, 2010 @ 4:04 am
What are the criteria for goods duties are paid on, and how can I calculate how much duty on say jewlery
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Apr 8, 2011 @ 12:12 pm
Does alcohol no longer qualify for free trade rate from Trinidad into Canada under the Form A or Exporters statement of Origin. Thank you
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Nov 20, 2011 @ 9:21 pm
Are duties etc chargeable in trinidad and tobago on jams and jellies made in grenada and if so how do i calculate.
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Dec 14, 2011 @ 2:14 pm
i want to know how could i import some food produts to trinidad and tobago,where i should register and everything
Natasha Deopersaud
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Dec 11, 2012 @ 7:19 pm
How much customs will it cost me to import a cellular phone from china, weighing 1kg?
Ria Mulraine-Durant
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Feb 10, 2014 @ 2:14 pm
Are there any duty free or non duty free charges attached to importing of clothing from Canada to Trinidad and Tobago?
Margarita Martinez
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Sep 15, 2016 @ 10:10 am
Is there any duty/taxes back for when replacing defective material?
Leon Mohammed
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Nov 28, 2016 @ 2:14 pm
how does custom duty apply to used clothing shipped from the States to Trinidad and Tobago

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