CUSTOMS UPDATE FOR YACHTS IN TRANSIT Monday 6th December 2010
At a meeting held on Thursday 2nd December between the ABMA, Ministry of Finance and the Comptroller of Customs it was agreed that all goods and services for genuine yachts in transit will be free of all taxes and duties including for fuel and provisioning to be used by charter guests. Support containers are considered a temporary import and will be free of all duties and taxes subject to the contents being re-exported and any spares consumed being shown to have been used in the maintenance of the yacht. In instances where major items cannot be accounted for, the applicable duties and taxes will become due and payable. Once imported, crews will have free access to the containers.
Temporary import of goods in support of events will be discretionary and generally free of all duties and taxes, however, 14 days notice is required of any goods to be temporarily imported for these purposes. Event organisers such as ACYM, Superyacht Cup, RORC Caribbean 600, Antigua Classic Regatta and Antigua Sailing Week should take special note. In the event of a disagreement a liaison group comprising members of the ABMA, the Ministry of Finance and Customs will consult in order to reach a resolution.
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