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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 codeDescriptionImport 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.