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tariff
(redirected from customs duty)

    Also found in: Dictionary/thesaurus, Legal, Encyclopedia, Wikipedia, Hutchinson 0.06 sec.
Tariff
A taxation imposed on goods and services imported into a country. Also known as a duty tax.

Notes:
Governments generally impose tariffs to raise revenue and protect domestic industries from foreign competition.

Tariff
A tax on imports or exports.
tariff
A tax levied on a good imported into a country. In most instances, tariffs are intended to make imported goods more expensive and thus less competitive with domestic products. Also called duty. See also General Agreement on Tariffs and Trade (GATT), trigger price.
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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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