Customs Duty

Spanish Translation of exemption from customs duty

This is the legal translation of English to Spanish in relation to exemption from customs duty and / or a definition of this topic: Franquicia Aduanera (in Spanish, without translation of the dictionary entry).

Customs Duty in International Trade

Meaning of Customs Duty, according to the Dictionary of International Trade (Global Negotiator): Tax levied by the government on goods crossing the customs border, usually a tax imposed on imports. Duties, or tariffs, are either based on the value of the goods (ad valorem duties), some other factors such as weight or quantity (specific duties) or a combination of value and other factors (combined duties).