In economics, a duty is a kind of tax levied by a state. It is often associated with
customs, in which context they are also known as tariffs or dues. The term is often
Import duty is a tax collected on imports and some exports by the customs
authorities of a country. It is usually based on the value of the goods that are
Definition of import duty: a tax on goods imported into a country.
tariff, duty - a government tax on imports or exports; "they signed a treaty to lower
duties on trade between their countries" ...
A duty is a federal tax on imports (or exports). For example, Americans who travel
abroad can bring back a certain number of dollars' worth of items without ...
Definition: Customs Duty is a tax imposed on imports and exports of goods.
Description: The rates of customs duties are either specific or on ad valorem
Definition of Tax. Tax is a ... Customs Duty: Tax on the manufacture of goods.
Excise Duty: Tax on import or export of goods. Others: ...
import duty meaning, definition, what is import duty: a tax placed on goods
coming into one country from another: . Learn more.
When importing goods into the Netherlands from outside the European Union (
EU), you will usually have to pay import duties. You will also have to pay VAT and
Definition of Key Terms. Customs Duty. This refers to taxes levied on imported or
exported goods. The two types of customs duties collected under international ...