Know about the Worldwide Customs Import Duty
When importing goods from one country to another, import duties are often levied on the goods. These duties are imposed by the customs authorities of the importing country and are meant to protect the local economy and industries from foreign competition. Understanding the import duty structure can help importers and exporters plan and budget for their international trade activities. Import duties can be calculated in different ways, but generally, they are based on the value of the imported goods, the Read Full Details…