Tariff classification of goods

Special rules apply to the import of vehicles.

Correct tariff classification ensures:

• Correct payment of import charges, such as customs duties and VAT

• Accurate statistics on imports and exports

• Identification of any licence requirements for import or export

If you are unsure about the tariff classification

You can request a binding ruling from Iceland Revenue and Customs. This allows you to know in advance which charges apply, and the customs authorities cannot reassess charges for the product covered by the ruling.

Incorrect tariff classification may result in:

• Reassessment of import charges, including default interest from the customs clearance date

• Delays in customs clearance

• Seizure of goods and fines

You are responsible for ensuring that the tariff classification and all information in the customs declaration are correct.

Appeals

See more .