Trinidad and Tobago's Ministry of Finance has announced guidance from the Customs and Excise Division on the calculation of customs duties and taxes payable on online purchases by members of the public and imported via courier companies, including the application of the rate of exchange, Import Duty, Online Purchase Tax, and Value Added Tax.
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Calculation of Customs Duties and Taxes Payable on Online Purchases
The Customs and Excise Division has become aware of numerous complaints re: …