ANNOUNCEMENT 06 Apr 2020

In April 2020, the authorities of Saint Vincent and the Grenadines announced the temporary elimination of tariffs and taxes on imports of medicines, disinfectants, rubber gloves and face masks in response to the Coronavirus outbreak.

NUMBER OF INTERVENTIONS

2

  • 0 harmful
  • 0 neutral
  • 2 liberalising

SOURCE

Official Gazette. Public Notice. Tariff Classification Breakouts in Light
of COVID-19 Pandemic Period. Available at: https://macmap.org/OfflineDocument/Covid19/COVID_VCT_1.pdf

WTO Tariff Download Facility (retrieved on 17 April 2020). Available at: http://tariffdata.wto.org/default.aspx

Inception date: 06 Apr 2020 | Removal date: open ended

Import tariff

On 6 April 2020, the Cabinet of Saint Vincent and the Grenadines announced the elimination of import duties on certain medicines, disinfectants, rubber gloves and face masks in response to the Coronavirus outbreak.

According to the WTO tariff download facility, the import tariffs were reduced from values ranging between 5% and 30% depending on the product to 0%.

The new rules entered into force on 6 April 2020.

AFFECTED SECTORS

 

AFFECTED PRODUCTS

 
Inception date: 06 Apr 2020 | Removal date: open ended

Internal taxation of imports

The Cabinet of Saint Vincent and the Grenadines also announced the elimination of VAT on the imports of certain medicines, disinfectants, rubber gloves and face masks in response to the Coronavirus outbreak.

The usual VAT tax set on these products is 16%.

The new rules entered into force on 6 April 2020.