Posted on

Residents of St Kitts to get duty free allowances come December


SKNIS

Residents of St Kitts to get duty free allowances come December

Social Share

BASSETERREResidents of St Kitts and Nevis, specifically non-commercial importers and travellers, will receive duty free allowances on food stuff and non-commercial imports.

This was revealed by Prime Minister Dr Timothy Harris during a statement in National Assembly yesterday.

He said that during a Cabinet meeting held Monday, November 16, the decision was taken for the allowance to “non-commercial importers and travellers,” and would be “effective December 1 to December 31, 2015.”

As such, food stuff up to the first 400 pounds will be free of duties and taxes, while non-commercial imports will receive duty free allowance of EC$540 (US$200) off the cost, insurance and freight (CIF) value of the goods.

The Prime Minister further noted that on “No VAT Day” scheduled for December 18, 2015, zero VAT has been given on the first EC$75 000 value of a vehicle to be imported into the Federation.

“Now we give a December special to non-commercial importers and travellers,” Prime Minister Harris said.

“Elections will not be called soon, so this is no election gimmick; this is a Team Unity Government at work for the people,” he said. (SKNIS)

LAST NEWS