St Lucia announces concession barrels two week ahead this year
focusing on the economic hardship faced by many families in St Lucia, government announced the annual barrel concessions for the year 2021
Thursday, 28th October 2021
There will be a 100% waiver of import duty on personal items, including food, clothing, toys and other household consumables. However, electronic are excluded from this.
The number of barrels that would qualify for concession are limited to two (2) per household.
The government has also limited the maximum of EC $2,500 per barrel on the value of products or items that can qualify for concessions.The items or products in barrels must be for personal use only, no item can be used as commercial. In case, an item(s) is used as commercial use there would be usual penalties, fines etc. would be applied.
The barrels imported during the specified period would be exempted from Value Added Tax (VAT).
Latest
- Trinidad: Woman dies after being set on fire amid domestic d...
-
St Kitts and Nevis kicks off cruise season early with 10 Oct... -
Bahamas approves long-awaited margin increase for gas retail... -
Grenada: Cooking Gas drops by $11.60, minor decline in fuel... -
Unsettled weather pattern hits Bahamas, heat advisory & coas...
Related Articles
Thursday, 28th October 2021
Thursday, 28th October 2021
Thursday, 28th October 2021
Thursday, 28th October 2021
Thursday, 28th October 2021
Thursday, 28th October 2021