customs duty
Definition
Tax levied on imports (and, sometimes, on exports) by the customs authorities of a country to raise state revenue, and/or to protect domestic industries from more efficient or predatory competitors from abroad. Also called tariff, duty is based generally on the value of goods (called ad valorem duty) or upon the weight, dimensions, or some other criteria of the item (such as the size of the engine, in case of automobiles).
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