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Heading 2703 ยท Chapter 27

Peat, whether or not agglomerated โ€” Bahamas import duty

Heading 2703 (peat, whether or not agglomerated) carries no customs import duty โ€” all 1 tariff line are free โ€” but these goods pay excise duty instead (20%), charged on entry under the Excise Act rather than the tariff schedule. Duty is not the whole bill: The Bahamas adds a 1% customs processing fee (minimum $10, maximum $750) and 10% VAT on the landed cost.

1 of 1lines duty-free
0%duty on every line
0%flat rate
20%excise, charged instead of duty

Calculate landed cost with 20% excise โ†’ All of Fuels, Oils & Waxes โ†’

Tariff lines under heading 2703

HS codeDescriptionImport duty
2703.0000 Peat (including peat litter), whether or not agglomerated Free+ 20% excise

Part of Fuels, Oils & Waxes (chapter 27) โ€” 58 lines in total. Search the whole schedule โ†’

Schedule version 2026-2027 ยท 1 line shown. Lines tagged verified have been individually checked against the current schedule; the rest are as published in the 2023 Tariff Act. Lines marked + excise tax are free of customs duty but carry excise on entry โ€” that rate is set by the Excise Act and is not part of this schedule. Rates are import duty only โ€” final classification and charges are determined by Bahamas Customs.