The importance of customs duties as a major source of government income is declining and most imports are duty-free. The remaining duties on imports from non-CARICOM nations range from 0% to 20% under the CARICOM common external tariff (CET). In addition, a stamp duty is levied on motor vehicles, alcohol, and tobacco of 25% to 56%; as well as a special consumption tax of 5% to 39.9%. Most imported items are subject to a 15% general consumption tax. Special rates or exemptions on dutiable imports apply to goods from members of CARICOM and signatories of the Lome Convention.
Licenses are required for imports of certain durable and nondurable consumer goods. License applications are reviewed by the Trade Board. Most capital goods and raw materials do not require import licenses. Jamaica has three free trade zones: the Kingston Export Free Zone, the Montego Bay Export Free Zone, and Garmex.