Customs duty


 

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Customs duty

An import tariff.



Similar Matches

Customs valuation

Customs valuation

The method by which a customs officer determines the value of an imported good for the purpose of levying an ad valorem tariff. When this method is biased against importing, it becomes an NTB.


Customs classification

Customs classification

1. The category defining the tariff to be applied to an imported good. 2. The act of determining this category, which may be subject to various rules and/or to the discretion of the customs officer".


Customs Broker

Customs Broker

An individual or firm licensed by customs authorities to enter and clear imported goods through customs. The broker represents the importer in dealings with the customs authorities.


Customs station

Customs station

An office through which imported goods must pass in order to be monitored and taxed by customs officers.


Customs union

Customs union

A group of countries that adopt free trade (zero tariffs and no other restrictions on trade) on trade among themselves, and that also, on each product, agree to levy the same tariff on imports from outside the group. Equivalent to an FTA plus a common external tariff.


Further Suggestions

Her Majesty's Customs and Excise
Customs procedure
Customs Service
Uniform Customs and Practices (Brochure 500)
Customs union
Customs area
United States Customs Service
Customs officer


 
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