6  BIS Review 97/2009  These incentives were in addition to the existing tourism related duty concessions.
The existing customs incentives are: •  •  10 percent fiscal duty, free import exercise and 12.5 percent VAT levied on: o  Building material, furnishing and fittings; and  o  Specialised boat and vessels  5 percent fiscal duty, free import exercise and 12.5 percent VAT levied on heavy plant and machinery for project development work.