Customs duty,
Definition of Customs duty:
A duty levied on imported or (now less commonly) exported goods; = sense A. 3a.
A tax levied on imports (and, sometimes, on exports) by the customs authorities of a country to raise state revenue, and/or to protect domestic industries from more efficient or predatory competitors from abroad.
Customs duty is based generally on the value of goods or upon the weight, dimensions, or some other criteria of the item (such as the size of the engine, in case of automobiles).
How to use Customs duty in a sentence?
- I didnt realize that the imports would be taxed and then they told me it was the customs duty , but that didnt make me feel better.
- We had to pay a customs duty on the clothing we bought in Mexico when crossed the border to our home country.
- You need to factor in the customs duty to any cost of a product or resource that you will be bringing in from overseas.
Meaning of Customs duty & Customs duty Definition
Customs Duty,
What is The Meaning of Customs Duty?
Taxes payable on imported and sometimes exported products are intended to increase a country's income and protect domestic industry from cheap foreign competition.
Literal Meanings of Customs Duty
Customs:
Meanings of Customs:
A government service that manages and collects government taxes on imported products.
Sentences of Customs
■■■■■■■ seizures have increased this year
Duty:
Meanings of Duty:
There is a moral or legal obligation.
The work or action that someone needs to do.
Payments made for the import, export, manufacture or sale of goods.
A measure of engine performance in units of work per unit.
Sentences of Duty
I have a duty to respect the law
The official duty of queens
6% duty on imports
Synonyms of Duty
commission, requirement, job, levy, mission, allegiance, reverence, concern, place, role, assignment, function, charge, tax, homage, loyalty, faithfulness, fidelity, part, deference, obligation, obedience, tithe, commitment, toll, duty, responsibility, tariff, chore, respect
Customs Duty,
How Do You Define Customs Duty?
A simple definition of Customs Duty is: Taxes payable on imported and sometimes exported products to increase the country's revenue and protect the domestic industry from cheap ignitions.
Literal Meanings of Customs Duty
Customs:
Meanings of Customs:
A government department that manages and collects import duties imposed by the government on imported products.
The traditional and widely accepted way of dealing with or doing something with a particular society, place or time.
Regular relationships with businesses or companies through customers.
Sentences of Customs
Old British tradition of dancing around the bar.
Synonyms of Customs
way, ordinance, business, shibboleth, mode, manner, ceremony, practice, formality, fashion, mores, support, observance, unwritten rule, praxis, ritual, way of doing things, trade, form, usage, sacred cow, tradition, procedure, patronage, convention, consuetude
Duty:
Meanings of Duty:
Moral responsibility or legal responsibility
A task or action that must be performed as part of your job.
Measure engine performance in units of fuel per unit of work.
Synonyms of Duty
burden, task, work, onus, office, fealty, pigeon
Customs Duty,
What is The Meaning of Customs Duty?
Customs Duty means, Taxes on imports and sometimes exports to increase a country's income and protect the domestic industry from cheap ignition.
Literal Meanings of Customs Duty
Customs:
Meanings of Customs:
A government department that manages and collects government-imposed import duties on imported products.
A traditional and widely accepted way of behaving or doing something specific to a particular society, place or time.
Sentences of Customs
The seizure of ■■■■■■■ by customs increased this year.
The old Englishmen are dancing in the bar.
