Dominica Customs Import and Export Taxes
Tariffs
As a founding member of the World Trade Organization (WTO), Dominica adopts general rules applicable to developing countries, including fulfilling market access commitments for physical trade and service trade. The maximum tariff rate for imported goods, such as glazes, paints, varnishes, etc., is 165%, and the maximum tariff rate for agricultural imports is 150%, while the import tariffs for industrial products of non-CARICOM and non-Commonwealth countries are mostly limited to 50%-165%.
Value Added Tax
The Dominica government has adjusted the threshold for value-added tax on electricity from 100 kWh to 150 kWh, and abolished the value-added tax on fuel surcharges of Dominica Power Company. In addition, the value-added tax on agricultural tools and potting soil, as well as tariffs and other taxes on imported yachts, has been abolished.
Consumption Tax
Dominica imposes domestic consumption tax on imported and locally produced alcoholic beverages. The specific consumption tax rate and threshold information are not clearly mentioned in the search results. In terms of VAT, the Dominican government has increased the VAT threshold for electricity and abolished VAT on certain goods, but the specific threshold value is not given in detail in the search results.