The Ministry of Finance and Economy has announced that with the consent of His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam, the amendments to the Customs Import and Excise Duties will be implemented effective 17 May 2023.
The objectives of the amendments to the customs import and excise duties among other things are; to streamline the duty structure for goods in this country with the ASEAN Harmonised Tariff Nomenclature (AHTN) 2022 and to enhance the competitiveness of business and investment climate in the country as well as to fulfill certain commitments under the Free Trade Agreements (FTAs) with several countries either on a bilateral or multi-lateral basis. The restructuring of the import and excise duties also focuses on specific products with the purpose of meeting certain objectives, such as; control the use of certain products in order to improve the health and well-being of citizens and residents of this country; energy saving and reduce carbon footprint in Brunei Darussalam; and at the same time to help in the reduction of prices of some consumer goods.
Further information about the amendments to the duty rates can be obtained from www.bdnsw.mofe.gov.bn or www.tradingacrossborders.mofe.gov.bn.
The list of goods included in the amendments is as follows:
For any further inquiries, public may contact Customers Service Counter at the Royal Customs and Excise Department of Brunei Darussalam at 2382361 (during Office Hours) or e-mail to firstname.lastname@example.org.
Ministry of Finance and Economy
Negara Brunei Darussalam
Date: 24 Syawal 1444 | 15 May 2023