Revised Laws of Saint Lucia (2022)

24.   Value of import of goods

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    (1)   For the purposes of this Act, the value of an import of goods into Saint Lucia is —

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      (a)     the value of the goods determined in accordance with Schedule 2 to the Customs (Control and Management) Act, whether or not duty is payable under that Act; and

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      (b)     any duties, taxes, other than the tax charged under this Act, imposed, paid or payable upon the entry of imported goods.

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    (2)   Notwithstanding subsection (1), where the goods are re-imported after being exported for repair, renovation or improvement and it is shown that the goods have been subjected to a process of repair, renovation or improvement abroad and where the form or character of the goods has not been changed, the value of the goods, for the purposes of calculating tax, if any, on the entry of the goods when the goods are re-imported, is the amount of the increase in the value of the goods that is attributable to the process.