Electro-magnets: Bahamas import duty
Every one of the 4 tariff lines under Heading 8505 (electro-magnets) carries a flat 45% import duty in The Bahamas. 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 landed cost at 45% duty All of Electronics & Electrical Equipment
Tariff lines under heading 8505
| HS code | Description | Import duty |
|---|---|---|
8505.1100 |
Permanent magnets and articles intended to become permanent magnets after magnetisation โ Of metal | 45% |
8505.1900 |
Permanent magnets and articles intended to become permanent magnets after magnetisation โ Other | 45% |
8505.2000 |
Electro-magnetic couplings, clutches and brakes | 45% |
8505.9000 |
Other, including parts | 45% |
Part of Electronics & Electrical Equipment (chapter 85), 355 lines in total. You can also search the whole schedule.
Bahamas Tariff Act (schedule version 2026-2027) ยท 4 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.