By Admin. Updated 10:16 p.m., Monday, January 9, 2023, Atlantic Standard Time (GMT-4).
Persons with documentation showing that they ordered their vehicles for importation by November 15, 2022 will be assessed under the old Customs duties regime.
This was announced by Finance Minister Camillo Gonsalves as he delivered the budget address tonight.
He said, however, that attempts to falsify documents will be dealt with under the law.
The new regime took place on November 15, 2022, with the passing of a bill in Parliament to amend the customs duties on the importation of newer vehicles, hybrid vehicles, electric vehicles, and vehicles with smaller engines.
Mr. Gonsalves made the announcement as persons who ordered vehicles before the new customs duties came into effect are seeing higher fees when using the new calculator.
Access the new calculator here
The new fees that came into effect for vehicles being important is designed to, among other things, deter the importation of older vehicles, that is cars older than 8 years old and trucks older than 10-years-old.
The debate on the budget address will recommence at 9:00 a.m.
Back story on changes to duty on vehicles from a November 2022 Agency for Public Information release:
One News St.Vincent 