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Euro - Amounts provided by Customs Legislation - Amounts provided for the granting of relief from duties and taxes

In some cases the amounts in euro on the right column are higher or lower than the amounts which result if we divide the amount in pounds by the conversion rate (€1=£0.585274). This is due to the fact that, according to the law for the adoption of the euro, when an amount in pounds, used in the national legislation in conformity with a Community directive which provides for minimum or maximum rates, is lower than the minimum or higher than the maximum rates provided by the Community directive, then the minimum or maximum, as the case may be, amount in euro will apply.

Relief
Amount in £
Amount in €
1. Relief from import duty for goods contained in the personal luggage of travellers coming from third countries
£100
€175
2. Relief from excise duty for goods contained in the personal luggage of travellers coming from third countries
£100
€175
3. Relief from import duty, excise duty and VAT for crews of aircraft and vessels
£10
€17.09
4. Relief from import and excise duty for vehicles of Cypriots who have worked abroad and return to resume permanent residence
Up to £7.000
Up to €11.960,21
5. Relief from excise duty for vehicles of Cypriots returning to resume permanent residence after permanent residence abroad for a period of at least ten years
Up to £7.000
Up to €11.960,21
6. Relief from excise duty for vehicles of persons of Cypriot origin in the male line coming to live permanently in Cyprus
Up to £3.000
Up to €5.125,80
7. Relief from import duty, excise duty and VAT for consignments sent by one private individual from a third country to another
£26
€45
8. Relief from import duty for consignments of negligible value dispatched directly from a third country
£10
€22
9. Relief on goods acquired on the occasion of a marriage and transferred from another member state
£600
€1.400
10. Relief from excise duties for presents acquired on the occasion of a marriage which are imported from third countries
£600
€1.000
11. Relief from excise duty and VAT for goods imported by a traveller when the amount is equal or less than £3
£3
€5
12. Relief from export duties for consignments of negligible value
£6
€10




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