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customs
(redirected from Custom duty)

   Also found in: Encyclopedia, Wikipedia 0.02 sec.
See: protocol

CUSTOMS. This term is usually applied to those taxes which are payable upon goods and merchandise imported or exported. Story, Const. Sec. 949; Bac. Ab. Smuggling.



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Further trade liberalization through the cut in peak custom duty (from 20% to 15%) for non-agricultural products is desirable, as it will improve the efficiency of the Indian industry in the medium term.
As a competitive maintenance Shop, MTU Maintenance Zhuhai will further attract engine operators as it can provide many advantages: short transportation time, low custom duty, simplified custom procedures and payment in RMB instead of foreign currency.
 
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