Grenada Customs Import and Export Policy

Customs Management Regulations

Grenada's Customs Act provides detailed regulations on the supervision and taxation of all materials, ships, aircraft and personnel entering and leaving Grenada's ports. The Customs Act also stipulates the rules of origin and licensing system of the Caribbean Community and the Eastern Caribbean Common Market member states; it also stipulates specific docks, landing points and checkpoints. As a subordinate department of the Ministry of Finance, Grenada Customs conducts law enforcement inspections and levies taxes in accordance with the law.

Grenada's Customs Act (CUSTOMS DUTIES ACT) stipulates the procedures for handling import and export of goods in Grenada, applying for tariff and consumption tax exemptions, certification of origin of goods, and import and export taxes and licenses for special commodities.

The tax rate levied by Grenada Customs is levied in accordance with the unified tax rate of the Caribbean Community. The decree stipulates that all imported goods from outside the Caribbean Community shall be subject to an import tax (CET) of 5%-40% based on the CIF price of the goods. If approved by the government investment department, the import of equipment and materials required for encouraged projects may be exempted from tariffs. Customs also imposes a 25% General Consumption Tax (GCT) on the combined CIF and CET value of imported goods (CIF value for goods from CARICOM member countries). This consumption tax is exempted for projects approved by the government. A 6% Customs Service Charge (CSC) is also imposed on all imported goods on the CIF value. Grenada's customs tariffs can be found on its customs website (www.grenadacustoms.com). For misdeclared goods, customs will impose a fine of 5 times the value of the goods or 100,000 ECD.