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No Goods and Services Tax (GST) and Trades Tax on Sports Equipments
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The importation of most goods into Seychelles, except those exempted, are taxable. GST is a
tax on sales and is levied at importation and on the provision of certain services in Seychelles.
GST Regulations was introduced in July 2003. Last year from January 1st 2010, the rate for GST
levied on the importation of all goods into Seychelles was set at 15%, except for those exempted.
Trades tax is a tax generally levied on the importation of goods into Seychelles, except those
exempted by law.
In line with the 2011 budget announcement made by the Vice President in his capacity as Minister of Finance,
there will be no application of GST and Trades Tax on the importation of sports equipment. The importation of
sports equipment (that is all items under the item code 95.06 of Schedule 3 of the Trades Tax Regulations, 2009)
is now exempt from both GST and Trades Tax.
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Items under the code 95.06 include the following
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Articles and equipments for general physical exercise, gymnastics or athletics
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Balls
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Articles and equipments for table tennis
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Tennis, badminton, lawn tennis rackets or any similar rackets, whether or not strung
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Water skis, surfboards, sail boards and other water equipments
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Inflatable equipments
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Golf clubs and other golf equipments
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Ice skates, roller skates, skating boots with skates attached
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Snow skis and other snow-ski equipments
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Skis and ski fastenings
Articles under this heading also includes all other articles and equipments used for swimming
pools, paddling pools, and other sports or outdoor games which may not have been listed above.
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What is the specific effective date?
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The new change is effective as from January 1st 2011 to December 31st 2011. It must be noted
however that sports equipment acquired, where actual payment has been made, prior to January
1st 2011 will still be liable to the old rate. Proper records should be kept of all acquisitions made.
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Where do I go for more information?
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Should you require further information or clarification on the applicability of the new
change to the GST/Trade tax rate on the importation of sports equipment, please contact
SRC Advisory Centre in Room 2 at Oceangate House or telephone 293741/293742/293743.
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