Contact Information

Director General
Mr. Edmond Jackson
Tel No.:(784) 457-1343
PBX No.:(784) 456-1111
Ext No: 368
Fax No:(784) 457-2943
E-mail: office.finance@mail.gov.vc

Location

The Ministry of Finance is located on the 2nd Floor of the Financial Complex

Address

Ministry of Finance

P.O.Box 608

Kingstown

St. Vincent and the Grenadines

 

 

Valuation Dispute Settlement Mechanism

The Valuation section is the central point in the Customs and Excise Department for determining Customs' values on imported goods for Customs' purposes.

The determination of Customs value is based on the GATT/WTO system of valuation that was implemented in St Vincent and the Grenadines following the passing of the Customs (Control and Management) Act 14 of 1999, Second schedule.

This system stipulates six methods to be employed for valuing imported goods. They are as follows:

  1. Transaction Value method.
  2. Transaction Value of Identical Goods method.
  3. Transaction Value of similar goods method.
  4. The Deductive method.
  5. The Computed method.
  6. The fallback method.