What are the exemptions of customs duty?

What are the exemptions of customs duty?

Exemption to goods from Customs duty only when imported against an Advance Licence (without Actual user condition) – Notification No. 107/95-Cus dated 2.6.1995. 12. Exemption to inputs for leather and textile garments when imported against a Value Based Advance Licence issued on or after 19.9.1995 – Notification No.

How much is import duties in Ghana?

Primary Charges

TYPE OF VEHICLE	IMPORT DUTY	EXIM LEVY
1. Of a cylinder capacity not exceeding 1000cc	5%	0.75%
2.Of a cylinder capacity exceeding 1000cc but not exceeding 3000cc	10%	0.75%
3.Of a cylinder capacity exceeding 3000cc	20%	0.75%
4.Motor Cars designed for travelling on snow; golf cars and similar vehicles	20%	0.75%

How much can I import without paying duty?

Mailing and Shipping Goods – Customs Duty Guidance Up to $1,600 in goods will be duty-free under your personal exemption if the merchandise is from an IP. Up to $800 in goods will be duty-free if it is from a CBI or Andean country. Any additional amount, up to $1,000, in goods will be dutiable at a flat rate (3%).

What are the items restricted for import?

List of items prohibited for import into India:

• Other meat and edible meat offal, fresh, chilled or frozen of wild animals.
• Pig fat, free of lean meat and poultry fat, not rendered or otherwise extracted, fresh, chilled, frozen, salted, in brine, dried or smoked.

What are the types of exemptions?

There are two types of exemptions-personal and dependency. Each exemption reduces the income subject to tax. The amount by which the income subject to tax is reduced for the taxpayer, spouse, and each dependent.

How can we avoid import duty?

Tell the seller explicitly that the item is for personal use. Import duties typically apply to items imported for commercial use (business or resale)—not personal or retail sales. If you’re importing something for your own personal use or as a gift for someone else, you don’t have to pay them.