An extension has been granted on the concessions of barrels, imported from February 01st, 2022 to March 31st, 2022.
The concessions are granted, in accordance with the following terms and conditions:
- 100% Waiver of Import Duty on personal items, food, clothing, toys, and other household consumables. Electronic items are explicitly excluded;
- The number of barrels that would qualify for the concessions would be limited to two (2) per household;
- There would be an upper limit of EC$2,500 per barrel on the value of items qualifying for the concessions;
- The items identified in one (1) must be for personal use only and not for commercial use;
- The usual penalties, fines, etc. would be applied if the goods are used for commercial purposes;
- Barrels imported during the period under consideration will be exempted from Value Added Tax (VAT) pending the passage of the appropriate negative resolution by Parliament.
End
Source: Office of the Prime Minister of Saint Lucia
