You are importing goods to Namibia and you want to know how much Customs Duty will be paid on these imported goods. What is the import duty rate, how many types of duties are there, what are the specific duties applicable to your products, how do you pay and to whom do you pay? These questions and more will be answered in this article where we look at all the different aspects that make up customs duty when importing goods into Namibia.
Import VAT is applicable and payable (at an effective rate of 16.5%) on all goods (movable items) imported into Namibia. Goods included in the Services and Charges Regulations are subject to goods and services tax at Namibia Value Added Tax (VAT) rate of 15%.
Basic rules when importing goods into Namibia
1. If the goods are imported from a country that has a double taxation agreement with Namibia, then customs duty will not be levied on them.
2. If the goods are imported from a country that does not have a double taxation agreement with Namibia, then the rate of customs duty will be assessed according to the type of good and its value at the time of importation.
What are taxable goods in Namibia?
Namibia’s customs duty is not applied to goods that are exported from the country for re-export. The only goods that are subject to customs duty are those which have been imported into Namibia, but if these goods are exported from the country for re-export, they will not be liable for any customs duty. Goods subject to customs duty include those imported into or manufactured in Namibia and sold within the country, or those in transit through the country and remaining in it for a period not exceeding six months.
What are non-taxable goods in Namibia?
Non-taxable goods in Namibia are those that are not subject to any duty, excise or tax. All other imported goods are taxable. This includes those that were already taxed in the country of origin and those which have been subject only to a basic customs duty. The value of such goods is calculated on the CIF (cost, insurance and freight) value of the goods at their point of arrival in Namibia.