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customs duty

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customs duty

Taxes imposed on goods coming into the country from abroad. In the UK, it is the responsibility of HM Revenue and Customs to collect these duties. The taxes collected are paid directly to the European Union (EU) as part of the UK's contribution to the EU budget.



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? Mentioned in ? References in periodicals archive
 
The first is a system that acts as a protective tariff or customs duty, which taxes goods imported from other states, but does not tax similar products produced in-state; see West Lynn Creamery, Inc.
State tax incentives after Cuno by Monroe, Tracy J. / The Tax Adviser
And countries will be on the lookout to collect on those fines, to make up for federal revenues lost because of the lower income taxes, as well the loss of customs duty and excise levies.
The expanded EU has arrived ten steps to help avoid costly penalties by Stocks, Duncan / Tax Executive
Oman has exempted all Palestinian products from customs duty, the Oct.
No import tax for Palestinian goods by Arian, Laila Al- / Washington Report on Middle East Affairs
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