Dollar Barrel Initiative Back Again
The Dollar Barrel initiative, which has been an important part of the Christmas season for over a decade, is set to return from December 1st to December 31st, 2023.
This initiative provides relief for Antigua and Barbuda residents by exempting them from import taxes on various items, including food, toiletries, and personal clothing.
Residents can import these items for personal use in either a standard-sized shipping barrel or a 17.9 cubic foot e-container, which is equivalent to a standard barrel.
During this period, the import duty and Antigua and Barbuda Sales Tax (ABST) on these barrels or e-containers will be waived.
While a nominal EC $10 handling fee will apply, there will be a 10 percent Revenue Recovery Charge on the value of the contents.
Overall, the initiative is expected to provide significant benefits to the residents by reducing their financial burden during the festive season.
This story was first published by Antigua News on : antigua.news/2023/11/09/dollar-barrel-initiative-back-again. © 2023 Antigua News. Republication without permission is not allowed.
About the author
The Editorial Staff refers to all reporters employed by Antigua.news. When an article is not an original creation of Antigua.news—such as when it is based on a press release, other media articles, letters to the editor, or court decisions—one of our staff members is responsible for overseeing its publication.
Read our editorial standards and corrections policy. Spotted an error? Contact the newsroom.
More from Antigua and Barbuda
View section
Senator Colin O’Neal Earns Political Science Degree at UWI Five Islands, Sets Sights on Law Degree
Senator Colin O’Neal graduates with a Bachelor’s Degree in Political Science from UWI Five Islands Campus and announces plans to pursue a law degree in 2027.
By Cory Wayland
Young Man Suffers Minor Scrapes After Leg Gets Trapped in St. John’s Sidewalk Grating
The incident raises fresh concerns about pedestrian safety following similar occurrences in the city.
By Cory Wayland
Mighty Sparrow’s National Funeral Set for October 16 as Trinidad and Tobago Prepares Grand Farewell
Two days of public viewing and a grand cultural procession will precede the October 16 Celebration of Life honouring the legendary entertainer whose music helped shape Caribbean culture.
By Cory Wayland
Antigua and Barbuda Art Week 2026 to Bring Folklore and Creativity to Life with Exciting New Experiences
From the legendary Jam Bull to evening gallery tours, live painting battles and interactive workshops, this year's Art Week promises an immersive celebration of Antigua and Barbuda's artistic and cultural heritage.
By Cory Wayland
Comments (1)
Steven C. Mayers November 13, 2023, 1:12 AM
At first it was a dollar per barrel. Now it is $10 per barrel.
In addition to this, there is a 10% tax on the contents.
Bear in mind that ALL IMPORT TAXES ARE UNFAIR.
MANY people will not be able to pay the tax. Then they’ll probably want $10 US
Instead of $10 EC.
Also, what criteria will be used to determine 10% value, and what controls will be in place to prevent the ripping off of the already poor people.