 |
 |
|
|
| Related Links |
 |
| Where an applicant has accessed duty-free concession on the purchase of a vehicle, the concession is subject to the vehicle being held for a specific period of time, at the least. |
| The following represents the minimum lengths of time for which vehicles are required to be held: |
| Church:
5 years Taxi: 5 years Returning National: 3 years Tour Bus: 5 years Postman (motorcycle): 3 years University of the West Indies: 3 years Caribbean Development Bank: Technical staff- 3 years Caribbean Development Bank: Support Staff- 5 years |
| Where the vehicle is sold or otherwise disposed of (e.g written off) before the expiration of the stipulated period of time, the un-expired portion of the duties and taxes shall become payable to the Comptroller of Customs, unless waived by the Minister responsible for Finance. |
| Persons who intend to sell or otherwise dispose of vehicles for which concession was granted, are required to apply to the Ministry of Finance for a calculation of the unexpired duties and taxes before undertaking the sale. |
| Application letters must be submitted to the Permanent Secretary, Ministry of Finance requesting a calculation of the duties and taxes. The application must be accompanied by the following details: |
| A copy of the Ministry of Finance's correspondence granting approval of the concession(where possible); |
| A legible copy of the relevant Customs Declaration Form (C63) bearing the official stamp of the Customs Division; |
| Details regarding the intended date of disposal of the vehicle; |
| A letter from the Insurance Company confirming the date the vehicle was written off. |
| The amount due is formally communicated to the applicant. |
| The full amount must be paid to the Comptroller of Customs and a copy of the receipt presented to the Ministry of Finance as a matter of urgency. |
