The rate of import duty depends upon the engine size.
Valuation of New Cars:
The valuation of new cars is based on the purchase price in the open market plus Freight, Insurance, Commission and all other costs, charges and expenses incidental to the purchase and delivery.
Valuation of Used Cars:
Valuation of used cars is based on the Brunei Darussalam Retail List Price (RLP) of a particular model and year of manufacture. The Retail List Price (RLP) is assessed by the Customs taking into account the depreciation since the date of first registration.
Within 24 hours after the arrival of a vessel, the master or agent of the vessel is required to present the following documents to the proper Customs Officer; Port Clearance, Inward Manifest, Crew List, Ship Stores List and all other necessary documents pertaining to the voyage. The inward manifest, in the prescribed form must be certified by the master or agent of the vessel and it shall contain particulars on:
- Marks, numbers and contents of each package; name of shippers, names of consignees; weight measurement; etc;
- A separate transshipment inward Manifest should also be provided when necessary;
- For goods by air, a certified inward manifest of an arriving is also required by Customs.