customs duty
Học thuậtThân thiện
Definition
- 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
- money collected under a tariff