Joel A. Lee, CPA, Director of the Virgin Islands Bureau of Internal Revenue, reminds taxpayers of the process for the clearance of imported goods into the territory. It should be noted that there has been no change to the excise tax clearance process. The excise tax collection process is an online process, and returns must be completed on the Bureau’s website. Personal items being imported must also be cleared using the excise online portal. The excise online portal can be accessed at excise.bir.vi.gov
Local manufacturers are also reminded that they are required to file a manufacturer’s excise tax return, Form 721VI, and include the manufacturer’s worksheet, Form 721VI MWK, which will cover the monthly sale of items manufactured in the Virgin Islands. The returns are due 30 days following the month concerned. Manufacturers returns are available on the Bureau’s website, at bir.vi.gov and at the Bureau’s offices.
Questions concerning the excise tax should be directed to Mr. Glenford Hodge, Supervisor of Excise Tax Return at (340) 715-1040, extension 3201.
