Customs

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Customs

A general term for an agency in a country responsible for controlling the flow of goods into the country. Customs agencies attempt to prevent dangerous, hazardous or illegal materials from entering the country, and also collect tariffs and other taxes. They may also enforce import quotas.
References in periodicals archive ?
The EU Court of Justice has ordered six member states to pay the EU - possibly with interest - the amount of customs duties levied on imports of military equipment not paid to the Union, as provided by EU rules.
Earlier, Aydin Aliyev, head of Azerbaijan's State Customs Committee, told Trend that the committee submitted proposals to the Cabinet of Ministers regarding transition to a three-level customs tariff system, which envisages changing customs duties on raw materials and goods imported to the country.
The Commission says the customs duties raised in the 1998/1999 Indian Budget actually reverse a trend in effect throughout the decade.
He said the tripartite Customs Union has high customs duties and averaged customs duty is 10.
A number of MDF importers are purchasing such material from Malaysia, Thailand, and Indonesia to meet the local demand, but they have to pay an accumulated tax of about 55 per cent which includes customs duties and other taxes.
Under the service, goods can be imported into the country with the purpose of re-exporting them in whole or part without paying the customs duties within six months from the day they are released by the GAC, subject to certain conditions and bank guarantees.
It thwarted as well an attempt by an owner of a major auto company to wriggle out of paying the exact customs duties levied on 271 microbuses imported from abroad.
These regulations, which have been adopted by Saudi Customs, is because of the recent observed attempts to evade customs duties imposed on such transit-wise goods, coming through the Kingdom territories, for other destinations.
5 percent of our GDP in income tax and customs duties exemptions,' Chua said.
Abdul-Rahman Dirar has stressed that there was no increase in the price of gasoline in the 2018 budget, announcing exemption of 63% of Sudan imports from customs duties.
AMS have agreed to eliminate/reduce their customs duties on goods originating from Hong Kong.
They include exemption of customs duties on the import of plant machinery and equipment, if not manufactured locally, by the China State Construction Engineering Corporation Limited and the China Communication Construction Company for the construction of Sukkur-Multan section of Karachi-Peshawar Motorway and Karakoram Highway Phase-II (Thakot-Havelian section), respectively.

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