Definition

1. Noun:
   • A tax levied on goods when they are transported across international borders: "Customs duty" is a government-imposed charge on imports and, less commonly, on exports. It is collected by customs authorities at the point of entry into a country.

Usage

• As a subject or object: "Customs duty" is typically used as a countable or uncountable noun to refer to the tax itself or the amount owed.
  • The customs duty on imported electronics has increased.
  • We had to pay a high customs duty for the shipment.
• With prepositions: It is commonly used with prepositions like on, for, and at.
  • What is the rate of customs duty on wine?
  • The company budgeted for the applicable customs duties.

Examples

• Before you can collect your package from abroad, you must settle any outstanding customs duty.
• The trade agreement eliminated customs duties on agricultural products between the two nations.
• The declared value of the item determines the amount of customs duty owed.

Advanced Usage

• "To be liable for customs duty": To be legally responsible for paying the tax.
  • Commercial goods are always liable for customs duty.
• "Customs duty exemption": A situation where the tax is not required to be paid.
  • Personal effects may qualify for a customs duty exemption.

Variants and Related Words

• Duty (n): Often used synonymously with "customs duty" in trade contexts (e.g., , ).
• Tariff (n): A broader term that can refer to a schedule or system of duties imposed on imported goods.
• Customs (n): The government agency responsible for collecting duties and controlling the flow of goods across borders.
• Import tax (n): A general term for a tax on imported goods.

Synonyms

• Import duty: A tax specifically on goods brought into a country.
• Levy: A general term for an imposed tax or charge.
• Charge: A fee or payment demanded.

Related Phrases

• Customs declaration: The official form listing goods being imported and their value, used to assess duty.
• Duty-free: Denoting goods on which no customs duty is charged, often at airports or in international zones.
• Pay duty on: The act of settling the required tax payment.
  • You will need to pay duty on any items exceeding the allowance.

Noun

1. money collected under a tariff