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FrançaisLatin expression that means according to the value. Import duties or taxes expressed as a percentage of value. For example, the import duty for a product classified under Harmonized System 220421 is 4.5 per cent of the customs valuation. Its…
Read MoreAdditional taxes and charges
Additional taxes and charges are additional charges, which are levied on imported goods in addition to customs duties and surcharges and which have no internal equivalents. They include tax on foreign exchange transactions, stamp taxes, import license fees, consular invoice…
Read MoreAdhesion contract
Contract with standard, often printed terms of sale of goods or services offered to consumers who usually cannot negotiate any of the terms and cannot acquire the product unless they agree to the terms.
Read MoreAdministrative pricing
Administrative pricing refers to the fixing of import prices by the authorities of the importing country by taking into account the domestic prices of the producer or consumer (e. g. establishing floor and ceiling price limits; reverting to determined international…
Read MoreAdvance import deposit
An advance import deposit is a requirement that the importer should deposit a percentage of the value of the import transaction before receiving the goods (e.g. payment of 50% of the transaction value is required three months before the expected…
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