Gilbert Islands Customs Import and Export Taxes
Tariffs
The Gilbert Islands imposes tariffs on imported goods. The tariff rate varies depending on the
type and value of the goods.
The Gilbert Islands Customs classifies imported goods into four categories:
Basic food and necessities: the tariff rate is 0%
Capital and building materials: the tariff rate is 5%
Consumer and durable goods: the tariff rate is 10%
Luxury goods and alcohol and tobacco: the tariff rate is 20%
Value Added Tax
The Gilbert Islands imposes Value Added Tax (VAT) on imported and locally produced goods. The
VAT rate is 15%.
The VAT calculation formula is:
VAT = Goods value * VAT rate
For example, if the value of a piece of goods is $100, the VAT is $15.
Tax Threshold
The Gilbert Islands Customs sets a tax threshold for imported goods. This means that goods with
a value below the threshold are exempt from tariffs and VAT.
The current threshold is 500 Gilbert dollars (KID).
Consumption Tax
The Gilbert Islands impose a consumption tax on certain imported goods. The consumption tax rate
varies depending on the type of goods.
Goods subject to excise tax include:
Alcoholic beverages: excise tax rate is 20%
Petrol: excise tax rate is 10%
Luxury goods: excise tax rate is 20%
Other taxes and fees
Gilbert Islands Customs may also impose other taxes and fees on imported goods, such as port fees, inspection and quarantine fees, etc.
