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

Customs clearance

The act of complying with the import regulations of an importing country. Generally governments require some sort of import declaration. Depending on the country and the product, additional supporting documentation such as origin certificates, consulate documentation and product relates health…

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Customs duty

Tax levied by the government on goods crossing the customs border, usually a tax imposed on imports. Duties, or tariffs, are either based on the value of the goods (ad valorem duties), some other factors such as weight or quantity…

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Customs entry

An import declaration made for the purpose of obtaining customs clearance by the importer or a customs broker authorized to represent the importer. Depending on the country and the product, additional supporting documentation such as origin certificates, consular documentation and…

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Customs invoice

A invoice made out on a special form prescribed by the customs authorities of the importing country. Used only in a few countries, usually former British territories (Canada). It serves as a seller´s commercial invoice.

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Customs union

An association between two or more countries to eliminate tariffs and other import restrictions on each other´s goods and establish a common tariff on the goods from all other countries. As in the free trade area, goods and services are…

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