Saint Lucia Extends Concessions On Imported Barrels

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Press Release:– An extension has been granted on the concessions of barrels imported from 1st February 2022 to 31st March 2022.

The concessions are granted in accordance with the following terms and conditions:

1. 100% Waiver of Import Duty on personal items, food, clothing, toys, and other household consumables. Electronic items are explicitly excluded;
2. The number of barrels that would qualify for the concessions would be limited to two (2)
per household;
3. There would be an upper limit of EC$2,500 per barrel on the value of items qualifying for
the concessions;
4. The items identified in one (1) must be for personal use only and not for commercial use;
5. The usual penalties, fines, etc. would be applied if the goods are used for commercial
purposes;
6. 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.

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Editorial Staff
Editorial Staff
Our Editorial Staff at St. Lucia Times is a team publishing news and other articles to over 200,000 regular monthly readers in Saint Lucia and in over 150 other countries worldwide.

5 COMMENTS

  1. @ John Public let’s be positive for once. Many people will benefit as they have done in the past. Already the politicians made such a hue and cry about it, we as a people should not follow their bad example.

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