Currency Exchange Rates | |||||||||||||||||||||||||||||||||||||||||||||||||||
The following list provides rates on goods commonly imported as accompanied baggage. Note: Revenue Replacement Duty (RRD) is calculated as follow: Computed value based on (cost, insurance and freight or shipping (CIF value) + Import Duty) * RRD rate. General Sales Tax is calculated as follow: ((CIF + Import Duty (ID) + RRD (where applicable))+ Environmental Tax) * 12.5% Environmental Tax is calculated as 3% of the CIF value
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The above rates now automatically update at 10:00 a.m. every Monday.