customs tax neutrality

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

VAT neutrality means that the value-added tax system does not distort business decisions or the cost of transactions; the right to deduct input VAT an...

A procedure used to verify that goods comply with customs rules, including correct harmonized system classification, valuation, and duty calculation.

A customs code, also known as a tariff code or HS code, is an internationally standardized numeric classification system used for the identification a...

A statute that governs customs duties, tariff classification, border controls, and procedures for import and export, including declarations, inspectio...

A procedure by which customs authorities inspect and audit shipments and records to determine the correct customs duties, taxes, and compliance with c...