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DutyTax. That is, an import duty is a tariff.DutyA tax on imports, exports, or consumption goods.Duty Similar MatchesDuty-freeDuty-freeWithout tariff, usually applied to imports on which normally a tariff would be charged, but that for some reason are exempt. Travelers, for example, may be permitted to import a certain amount duty-free. Delivered Duty Paid (DDP)Delivered Duty Paid (DDP)Seller must supply the goods at his or her own risk and expense to a named place in the country of importation. The seller is responsible for importation, payment of duty, and on carriage to the location agreed upon with the buyer. Estate dutyEstate dutyA former tax on a deceased person's estate and the forerunner of capital transfer tax which itself has been superseded by inheritance tax. Account Ad Valorem DutyAccount Ad Valorem DutyAn imported merchandise tax expressed as a percentage. Excise dutyExcise dutyA tax imposed on certain types of products including alcohol and tobacco which are produced in the UK. Customs duties apply to products imported to the UK. Further SuggestionsCustoms dutyCountervailing duty Duty drawback stamp duty Delivered Duty Unpaid (DDU) Anti-dumping duty Stamp duty |
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