Tariff Rates:
The Customs Department is the nation’s second largest revenue-collecting agency. With the introduction of a Value Added Tax in 2015, the government has progressively reduced its average import duties. During FY2022/2023 customs and other import duties totaled $188.8 million, for 75.6 percent of the budget and excise duties totaled $180.1 million, reflecting 66.8 percent of the budget forecast. Additional information on tariff rates, including rates applicable to Frequently Imported Items, can be accessed via the Bahamas Customs 2022/2023 government and Excise Department website.
Import Licenses:
Permits are required for the import of certain items. Applications for permits should be made to the government ministry or office indicated below:
- Poultry, meats, vegetables, fruits, live plants, and animals: Ministry of Agriculture, Marine Resources and Family Island Affairs
- Medicines and Pharmaceuticals (Dangerous Drugs): Ministry of Health and Wellness
- Slot machines, trailers, and recreational vehicles (temporary use only): Ministry of Finance
- Firearms, fireworks, and underwater guns other than Hawaiian slings spearfishing devices: Commissioner of Police
- Precursor and essential chemicals: Customs and Excise Department
- Motor vehicles with a non-rebuildable title, principally designed for the transport of goods and people: Ministry of Finance
- Motor vehicles or motorcycles ten years or older: Ministry of Finance
- Liquid or Liquified Petroleum Gas: Ministry of the Environment and Natural Resources (*An import license is not required, but a certificate is required to show the product can be transported and stored safely.)
Information regarding current import regulations may be obtained from the Bahamas Customs and Excise Department.