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.
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References in periodicals archive ?
The Kosovo government has decided to introduce an additional 100 percent increased customs duties on products from Bosnia and Herzegovina and Serbia, confirmed today Prime Minister of Kosovo Ramush Haradinaj.
Agulto said the bulk of the collection was largely exacted from the customs duties and tariffs from the imported shipment of equipment and machineries for the power sector here.
"If the United States insists on increasing customs duties, China will reciprocate," the Chinese government said in a statement released by the Finance Ministry.
The statement explained that the customs released, under the supervision of the General Administration of Customs, headed by Mahmoud Mustafa, director of the General Administration of Customs of Cars in Alexandria, 75.32m passenger cars of various origins, models, and capacities, worth about EGP18bn, noting that the customs duties collected from these cars amounted to EGP 3bn.
The customs duties on 7,200 tariff lines have also increased by another 1pc.
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.
Federal Board of Revenue (FBR) claimed that soon people will be able to pay their federal taxes and customs duties through internet banking and ATMs.
This study sheds light on Chinese customs duties, or commodity circulation taxes, of the Qing Dynasty and on the political economy of Qing China.
The products manufactured by such mainland LLCs will be subject to customs duties, upon their importation into another country, which will vary depending on the respective customs regulations of such country.
The application of customs duties on imports of natural gas will result in that the Gazprom Kyrgyzstan will include those duties in the price for natural gas sold to Kyrgyzstan and the cost of natural gas at the border crossing will increase from $165 to $222.75 per 1,000 cubic meters.
Summary: Industry Minister Hussein Hajj Hasan said Thursday he was planning to gradually impose Customs duties on certain imported commodities in order to protect the Lebanese industrial sector.

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