Items for Personal Use

Declaration processing & licenses

 

Declaration Process

 

 

 

As per Law No: 31/79 (Maldivian Import Export Act) import duty concession will be granted for the goods being imported for personal use that are below MVR 6,000 on FOB (excluding freight and insurance) basis. (Please refer to this link for further information).

 

 

 

The goods imported for personal use should be consigned under the name of the individual importing the goods. If the goods are consigned under a company’s name, then the goods will be considered to be imported for commercial purpose. Therefore normal import declaration process should be followed.

 

 

 

Depending on the quantity, goods being imported as personal use which falls within the category of MVR 6,000 allowance will be subjected to submit the goods declaration form. In these circumstances the goods declaration will be accessed without granting the MVR 6000 allowance and the duty must be paid accordingly as the goods will be considered as commercial imports.

 

 

 

Furthermore, if the goods being imported as personal use are valued above MVR 6000 (excluding freight and insurance), goods declaration form must be submitted to Customs which will be processed after granting an allowance of MVR 6000 and the duty must be paid accordingly.

 

For example: If the value of goods is worth MVR 10,000, duty will be charged on MVR4,000 (MVR10,000 – MVR 6,000)

 

 

 

In situation where the goods declaration form has to be submitted, normal import declaration process of Customs will be followed. If Commercial invoice of the goods imported for personal use is not available at the time of importation, the Crew and Passenger Valuation form MCS-145 Passenger Crew Valuation Form must be submitted with the accurate information on the goods along with the Goods Declaration. (Please refer to this link business declaration process).

 

 

 

License

 

Although issuing Import/Export license is a mandate of Ministry of Economic Development, Maldives Customs Service is designated to issue Import license to the following parties for facilitate trade.

 

-           Parties allowed to trade imported items (trade permit holders)

 

-           Parties wishing to import items for personal use (please refer to the following link for  details)

 

When issuing import license for personal use, Customs administration will be considering the quantity of goods being imported. This decision will be taken by the respective section’s Officer in Charge (OIC).

 

For parties that do not possess a permit to trade imported items Import License will be issued from Ministry of Economic Development.

 

The following documents are required to acquire import license.

 

-           Application form for import license (MCS-110 Import License Application Form)

 

-           Revenue stamp (Total value of estimated imports in a year (CIF value) should be a minimum of MVR 100.)

 

If import license is being issued for the first time, the following documents must be submitted along with the above mentioned documents.

 

-        Original and a copy of the permit to import goods;

 

-        Original and a copy of the registration of the company, if a company;

 

-        Original and a copy of MIRA tax registration certificate;

 

-        Original and a copy of the registration of the vessel, in case of international cargo vessel.

 

According to export, import and re-export regulation (2012/R-34), in cases where goods are imported, exported or re-exported without a license will be subjected to pay a processing charge of 20 Laari per MVR 1 from value determined by customs.

 

The processing charge can be paid along with the customs duty.

 

*Note: Original documents will be immediately returned after verification.