Following the Budget Speech 2016/2017, there have been several amendments to the Customs and Excise regulations and these changes are applicable as from 30 July 2016.
The amended Regulations are as follows:
Customs duties – List of products on which duties have been removed
Customs Duties - New duties applicable on Sugar and Alcoholic Beverages
Excise Duties - New duties in Alcoholic Beverages, Tobacco products, Pesticides and Motor Vehicles
Review of the Excise (Valuation of Motor Vehicles) Regulations