A B C D E F G H I J K L M N O P Q R S T U V W Y Z

Duty

In customs, a tax levied by government on the import, export or consumption of goods. Usually a tax imposed on imports by the customs authority of a country. Duties are generally based on the value of the goods (ad valorem duties), some other factors such as weight or quantity (specific duties) or a combination of value and other factors (compound duties).

Related entries