Gibraltar: Import duty waiver for all commercial imports and 10% flat rate of import duty to be levied on all personal imports over £25 in value have been revoked

• The import duty waiver that was introduced for all commercial imports (other than for certain commodities such as excise goods) and the 10% flat rate of import duty to be levied on all personal imports over £25 in value (with this measure again not applying to key commodities) have been revoked, effective from 29 June 2022.
• Private importations will now be charged at the import duty rates in place prior to the introduction of the above measures subject to a £25 de minimis rule.

Source KPMG

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