How do I calculate my car duty in Ghana?
How do I calculate my car duty in Ghana?
Vehicle duty is calculated at 5%, 10%, or 20% of the CIF (CIF = value of cargo + FOB + Sea Freight/Transport) on the duty calculator. The Ghana import duty calculator is usually based on the duty rates on the CIF (Cost Insurance Freight) of the product.
How much is the import duty on cars in Ghana?
Primary Charges
| TYPE OF VEHICLE | IMPORT DUTY | VAT |
|---|---|---|
| MOTOR CARS INCLUDING CROSS COUNTRY AND ESTATE CARS: PETROL | ||
| 1. Of a cylinder capacity not exceeding 1000cc | 5% | 12.50% |
| 2.Of a cylinder capacity exceeding 1000cc but not exceeding 3000cc | 10% | 12.50% |
| 3.Of a cylinder capacity exceeding 3000cc | 20% | 12.50% |
How is import duty on cars calculated?
Import duty: 25% of the Customs value (CIF) of the vehicle i.e. 25% of (Invoice value + Insurance + Freight charges)
How much tax will I pay on an imported car?
Import Duty In theory, this is quite simple: the US levies an import tariff on all imported vehicles, based on their value at the time of purchase. This is charged at 0-2.4% for motorcycles, 2.5% for cars, and 25% for trucks and lorries.
How much is customs duty in Ghana?
5% – Basic necessities, basic raw materials, Capital Goods, Specific Inputs. 10% – Inputs and Intermediary Products (Semi-Finished Goods) 20% – Finished Goods (final Consumer goods) 35% – Specific goods for Economic Development.
How much does it cost to ship a car from UK to Ghana?
On average, it will cost you £580 to ship your saloon car through the RORO method. This means your car is driven onto the vessel at the UK port and off the same vessel once it arrives in Ghana. The same car will cost you £1250 if you opt to transport it in a 20ft container.
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