Revised Laws of Saint Lucia (2021)

4.   Value and quantity

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   (1)   Where excise tax is payable under this Act on taxable goods by reference to their value, the tax shall be calculated on an amount, in this Act referred to as the “chargeable value” equal to—

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      (a)     if the goods are imported, the value of the goods as it would be determined under the Customs (Control and Management) Act for the purpose of assessing ad valorem duty of customs on the goods, whether ad valorem duty of customs is payable on the goods or not;

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      (b)     if the goods are manufactured or produced in Saint Lucia and sold in Saint Lucia, the price which in the opinion of the Comptroller the goods would fetch on a sale made at the time when the tax in respect of such goods become due by a manufacturer or producer selling by wholesale on the open market in Saint Lucia to a purchaser who is not connected to the manufacturer or producer.

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   (2)   For the purposes of subsection (1)(b), a manufacturer or producer and a purchaser are connected to each other as if they are connected to each other under item 1(2) of Schedule 2 to the Customs (Control and Management) Act.

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   (3)   Where excise tax is payable under this Act on taxable goods by reference to a specific quantity measured by volume or weight, if the goods are imported, sold in Saint Lucia or removed from a warehouse in any container intended for sale with or of a kind usually sold with the goods in a sale by retail and the container is marked, labelled or commonly sold as containing, or commonly reputed to contain a specific quantity of such goods, for the purpose of determining the excise tax payable in respect of the goods, the container is presumed to contain not less than that specific quantity unless the contrary is shown to the satisfaction of the Comptroller.