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What is a tax on an import?

Isabella Gonzales | 2023-05-07 14:51:49 | page views:1354
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Isabella Harris

Studied at University of Oxford, Lives in Oxford, UK
Import duty is a tax collected on imports and some exports by the customs authorities of a country. It is usually based on the value of the goods that are imported. Depending on the context, import duty may also be referred to as customs duty, tariff, import tax or import tariff.
2023-05-15 14:51:49

Chloe Lewis

QuesHub.com delivers expert answers and knowledge to you.
Import duty is a tax collected on imports and some exports by the customs authorities of a country. It is usually based on the value of the goods that are imported. Depending on the context, import duty may also be referred to as customs duty, tariff, import tax or import tariff.
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