(redirected from Export duties)
Also found in: Dictionary, Thesaurus, Financial, Encyclopedia.
Related to Export duties: Import duties
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.

References in periodicals archive ?
As well as increasing the extraction tax and lowering most export duties, the three-year plan will also cut gasoline excises to prevent jumps in domestic prices.
MOSKOVA (CyHAN)- Russia will cancel oil export duties to Belarus if Minsk removes all tariffs to conform to the requirements of the Moscow-led Customs Union, Russian Deputy Prime Minister Igor Shuvalov said Friday.
However, the GCC suspended talks at the end of 2008 following disagreements about clauses addressing export duties and human rights.
The Kuwaiti official clarified that the Europeans are asking the GCC to put certain limits on the regulation for export duties and not let it be open.
Upon its accession to the WTO, China undertook to eliminate all export duties, except for a number of products listed in an Annex to its Protocol of Accession," WTO said in its report.
The WTO's trade judges said China illegally imposed a system of export duties and quotas on raw materials used in the production of steel, electronic goods and medicines, in a ruling expected to be challenged by Beijing.
But he flatly ruled out further government regulation of the market and hinted of stiffer export duties on gasoline exports in the months to come.
In this regard, experts believe that the introduction of export duties will result in a significant reduction of their revenues (up 10% and more) upon condition of maintaining the same levels of production.
Producers in other regions, such as LUKoil which had no output streams in East Siberia and did not envoy such tax breaks, lobbied Putin's office strongly for a lowering of export duties for their ventures.
Mr Ilya Trunin head of tax and customs at the Russian Finance Ministry as saying that Russia may introduce a new scale of nickel export duties in 2011 or earlier.
China will abolish export duties on some grains and industrial products and cut the duties for chemical fertilizers and nonferrous metals from July 1 to promote exports, the Ministry of Finance said in a statement on Monday.
She revealed that human rights issues and export duties were the two major issues proving to be sticky but feels "our GCC friends should also show little more flexibility.

Full browser ?