Antigua Customs Duty Act
Be sure that the importer of record
[owner / seller] has had the vessel properly declared as a permanent import
with the Customs agency and has paid the duty and fees
, obtain proof of such before you purchase it. Failure to follow proper procedure can have harsh consequences. The additional indirect taxes will be due upon your purchase, Antigua Barbuda Sales Tax [ABST] and likely the environmental levy. There also is a Customs Service
Tax that ranges from 5 to 10% of the goods CIF value.
includes goods liable to duty on which full duties due have not been paid or secured, and any goods, whether liable to duty or not, that are imported or exported or in any way dealt with contrary to any customs enactment.
“vehicle” means any method of carriage or conveyance for use on land, whether it is also capable of being used on or over water
, and includes any cart and wagon and any trailer
attached to any such carriage or conveyance.
includes any ship, hovercraft or boat
176. Vessels and vehicles
Every person who:
(1) without lawful authority acquires possession or control of an uncustomed vehicle or vessel;
(2) forges, alters or tampers with a vehicle identification number, licence plate or other identification mark of a vehicle or hull
mark or other marks of a vessel with intent to conceal its true identity; or
(3) knowingly or recklessly acquires possession of such a vessel or vehicle, commits an offense and is liable on conviction to a fine of $50,000 or three times the value of the goods, whichever is greater, and, on conviction, to imprisonment for 5 years and the vehicle or vessel shall be forfeited.
In reviewing an online schedule of customs duties for Antigua, the duty rate ranges from 0 to 70% and are based on Cost, Insurance
and Freight [the cost incurred to transport it to Antigua] valuation upon arrival in country. It appears that the duty will be 20%.
The ABST is in addition to the customs import
So all in the duties, taxes and fees are likely to be
Import duty 20% of CIF Paid by the seller to have the right and privilege
to sell the vessel in country.
Tax 5 to 10% CIF Paid by the seller to import the good upon clearing customs.
ABST 15% Charged to the buyer, be sure this is paid through to the Antigua taxing authority, i.e., walk in to the office with the seller and submit the payment as a private sale transaction and obtain receipt thereof.
Also, all imports are subject to customs duties,
ABST, Revenue Recovery Charge (RRC) and an
environmental levy. In some instances, certain
exemptions will apply. RCC is applied at a flat rate
of 10% on the CIF value on all goods imported
into, or produced in, Antigua and Barbuda
(exemptions also apply). Paid by the importer which will be the seller of the vessel.
Not sure what the environmental fee will be, if any.