Search results for: “customs duty”
-
Customs Classification
Customs Classification and the GATT Policy Negotiations In relation to the GATT Policy Negotiations, Christopher Mark (1993) provided the following explanation and/or definition of Customs Classification: The determination of the appropriate category in which a traded product is classified for […]
-
Customs Clearance
In the United States For information about Customs clearance in the context of international trade, click here
-
Customs Clearance
In the United States For information about Customs clearance in the context of international trade, click here
-
Duty-free
In the United States For information about Duty-free in the context of international trade, click here
-
Customs Bonded Warehouse
Customs Bonded Warehouse in International Trade Meaning of Customs Bonded Warehouse, according to the Dictionary of International Trade (Global Negotiator): A government warehouse where goods remain until duty has been collected from the importer.
-
Customs Law
…
-
Ad Valorem Duty
Any duty that is expressed as a percentage of the value of the imported merchandise. Most customs duties, particularly in the developed nations, are ad valorem duties….
-
Specific Duty
Cross-reference: Duty…
-
Conventional Duty
A customs duty, or rate of duty, arising out of a treaty or other international agreement, as contrasted with an autonomous duty unilaterally imposed by a government absent of any international agreement….
-
United States Customs Service
An agency within the U.S. Department of the Treasury charged with the enforcement of the tariff acts and other laws relating to the importation of goods.The Customs Service was established by Congress in 1789. Among its duties are assessment and collection of duties, excises, and penalti…
-
Tariff (Customs)
A document issued by a nation's customs authority principally for the purpose of specifying rates of duty to be applied on various imported products. A tariff customarily also includes quantitative restrictions (quotas) upon certain imports, preferential duties on products imported from specifie…
-
Special Customs Invoice
A special form of customs invoice formerly used for importations into the United States. Prior to March 1, 1982, the special customs invoice (SCI) was required on any importation when the purchase price of the merchandise exceeded five hundred dollars and the rate of duty was in any way dependent up…
-
Special Customs Invoice
A special form of customs invoice formerly used for importations into the United States. Prior to March 1, 1982, the special customs invoice (SCI) was required on any importation when the purchase price of the merchandise exceeded five hundred dollars and the rate of duty was in any way dependent up…
-
Entry (Customs)
The administrative processing associated with foreign merchandise that has landed in the United States for consumption, warehousing, or other reasons. The act of entry involves the submission to U.S. Customs of documents that identify the owner of the goods, the type and character of the merchandise…
-
Duty Liability
The obligation to the government that arises from the importation of dutiable merchandise. Unpaid duties constitute a personal obligation to the government and may be satisfied from any assets of the importer or his estate. The government retains a lien upon the imported merchandise pending satisfac…