Number of items made duty free

The 2010 National Budget government announced yesterday sees a decrease in fiscal duty for a number of items.

A number of items have now been made duty free.

Fiscal duty on Perfume, Cosmetic, Pre-Shaving or after shaving preparation, cameras, television cameras, watches, sunglasses, watches, Laptops, IPod, MP3 and MP4 players and jewelry will be reduced from 15 percent to 0 percent.

Duty has also been reduced from 5 to zero percent for video and electronic games and USB wireless modems.

The duty rates and other changes relating to Customs Tariff Act shall apply to goods arriving for the first time in Fiji by ship or aircraft, after midnight, 26th November, 2009.

The mentioned time and date also applies to goods relating to changes to the Excise Act.

Zero rating of VAT for locally produced eggs has been removed while the government has imposed 5 cents per litre excise duty on all carbonated soft drinks.

The Export Duty Rate for fresh, chilled or frozen fish and timber has been reduced from 3 percent to zero.