All goods imported into Barbados must be cleared through the Customs and Excise Department whether these goods are imported via air, sea, courier or post. Processing of goods requires the submission to the Customs Department of a duly completed goods declaration and the payment of applicable import duties and taxes. One of the important documents required, is a Commercial Invoice issued by the supplier. Import duties and taxes payable or coverable by acceptable surety, typically range from 0-20% of the Cost, Insurance and Freight (CIF) Value.
There are some exceptions to these rates which include agricultural products, jewellery and vehicles. Most imported goods are subject to a Value Added Tax of 17.5%. A limited number of commodities carry individual specific rates. The Harmonised Commodity Description and Coding System (HS), the International System for classifying goods, as well as the World Trade Organisation (WTO) Valuation Code are used in Barbados.