- customs duty
- A form of *taxation levied on the importation or *exportation of goods or services.
Auditor's dictionary. 2014.
customs duty
Look at other dictionaries:
customs duty — A tax charged on goods imported into the European Union ( EU). It is based on the value of the imported goods (see Ad Valorem duty) and the description of the goods. Remember that imported goods may be liable to other charges, such as Anti… … Financial and business terms
customs duty — noun money collected under a tariff • Syn: ↑customs, ↑custom, ↑impost • Hypernyms: ↑duty, ↑tariff • Hyponyms: ↑ship money … Useful english dictionary
customs duty — A levy on the importation of certain goods and on some goods manufactured from the imported goods. Customs duties are also charged on some exports … Accounting dictionary
customs duty — /ˈkʌstəmz djuti/ (say kustuhmz dyoohtee) noun a duty imposed by law on imported or, less commonly, exported goods …
customs duty — government tax paid by an importer on items brought in from a foreign country … English contemporary dictionary
customs duty — / kʌstəmz ˌdju:ti/ noun a tax on goods imported into a country … Dictionary of banking and finance
Customs — Cus‧toms [ˈkʌstəmz] also customs noun [uncountable] ORGANIZATIONS 1. the government department responsible for collecting the tax on goods that have been brought into the country and making sure that illegal goods are not imported or exported: •… … Financial and business terms
Customs and Excise — refers to customs duty and excise duty. In certain countries, the national tax authorities that are responsible for collecting those duties are named Customs and Excise, including: HM Customs and Excise, a department of the British government… … Wikipedia
customs tariff — ➔ tariff * * * customs tariff UK US noun [C] TAX ► a tax paid on goods imported into a country: »lower/reduce customs tariffs »Barriers to trade were abolished and a common customs tariff was set up. → See also CUSTOMS DUTY( … Financial and business terms
customs — n. pl. 1. money collected under a tariff; a duty imposed on imported goods. Syn: customs duty, custom, impost. [WordNet 1.5] 2. the government department administering the collection of import tariffs. Used with as singular verb. [PJC] 3. that… … The Collaborative International Dictionary of English
