import duty
Customs levy charged
Import duty is a tax levied on goods brought into a country from abroad.
Governments impose import duties to generate revenue and protect domestic industries from foreign competition.
Also called customs duty or tariff: The import duty on electronics made the product uncompetitive.
- anti-dumping dutiesTaxes on underpriced imports
- tariffTax on traded goods
- tariff policyImport tax framework
- trade warRetaliatory economic hostilities
- customs declarationStatement of transported goods
customs valuation · port of entry · customs clearance · customs brokers · bill of lading · shipping container · trade deficit · value added tax · trade surplus · embargo · levy · excise · protectionism · inspection · consignment · goods · border · checkpoint
- commodity taxesexcise tax, export tax, oil tax, fuel tax, carbon tax
- taxessales tax, income tax, estate tax, excise tax, corporate tax
- economic policymonetary policy, tax policy, fiscal discipline, fiscal stimulus, fiscal restraint
- international tradeglobal trade, customs, tariffs, freight, exports
- economic controlstariff, quota, sanction, embargo, trade restriction
- Indirect Taxesexcise tax, VAT, value-added tax, sales tax, fuel tax