Customs Duty Deferral Program

A tax collected by customs authorities on imported or exported goods to raise revenue and regulate trade.

A mechanism that postpones payment of customs duties (and, if applicable, import VAT) to a later date, instead of paying at the time of customs cleara...

Customs is the system of laws, administrative procedures and organizational bodies governing the cross-border movement of goods, including the assessm...

Customs duty is a government-imposed tax on goods transported across international borders, used to generate revenue and regulate trade policy.

A customs duty is a government‐imposed fee on goods imported into or exported from a country. It is used for revenue generation, protection of domesti...

A customs duty is a government-imposed fee collected by customs authorities on goods when they are imported into or exported from a country.