Platinum, unwrought or in semi-manufactured forms: Bahamas import duty
Most platinum, unwrought or in semi-manufactured forms are duty-free: 4 of 8 tariff lines under Heading 7110 carry no import duty, and the rest run up to 45%. It includes rhodium — other, platinum — other and palladium — other. Duty is not the whole bill: The Bahamas adds a 1% customs processing fee (minimum $10, maximum $1,500) and 10% VAT on the landed cost.
Calculate VAT and fees on a duty-free item All of Jewellery, Precious Stones & Metals
Tariff lines under heading 7110
| HS code | Description | Import duty |
|---|---|---|
7110.1100 |
Platinum — Unwrought or in powder form | Free |
7110.1900 |
Platinum — Other | 45% |
7110.2100 |
Palladium — Unwrought or in powder form | Free |
7110.2900 |
Palladium — Other | 45% |
7110.3100 |
Rhodium — Unwrought or in powder form | Free |
7110.3900 |
Rhodium — Other | 45% |
7110.4100 |
Iridium, osmium and ruthenium — Unwrought or in powder form | Free |
7110.4900 |
Iridium, osmium and ruthenium — Other | 45% |
Part of Jewellery, Precious Stones & Metals (chapter 71), 56 lines in total. You can also search the whole schedule.
Bahamas Tariff Act (schedule version 2026-2027) · 8 lines shown. Lines tagged verified have been individually checked against the current schedule; the rest are as published in the Tariff Act. Rates are import duty only. Final classification and charges are determined by Bahamas Customs.