CUSTOMS AND DUTIES
In January 2000, Senegal put into effect a new tariff scheme that conforms to the common external tariff (CET) scheme agreed on by member nations of the West African Economic and Monetary Union (WAEMU). Under this new tariff structure, Senegal has four simple tariff rate categories: 0% on cultural and scientific goods, agricultural inputs, and capital goods and computer equipment not available from local production; 5% on raw materials, crude oil, and cereals for industry; 10% on semi-finished products, intermediate goods, diesel and fuel oil; and 20% on consumer goods, capital goods and computer equipment available from local production, and vehicles. However, there also exists an array of other import tariffs, with a maximum combined rate of 52% and a value-added tax (VAT) of 18% applied to all imports.
In 1982, Senegal abolished its import licensing system, opening the market to all countries on an equal basis; previously, only products from the franc zone and the European Union could be imported without a license. Certain import restrictions exist on agricultural and industrial products that support the Senegalese economy.