Search results for: “customs value”

  • Customs Union

    Customs Union

    Financial Definition of Customs Union Meaning of Customs Union An agreement by two or more countries to erect a common external tariff and to abolish restrictions on trade among members. Related Entries of […]

  • Customs

    Legal Definition and Related Resources of Customs Meaning of Customs Duties charged on commodities on their import into or export out of a country. A mode or system of taxation for the raising of money and is a typical form of indirect tax . A […]

  • Customs Valuation

    Customs valuation in Global Commerce Policy In this regard, customs valuation is: methods used by customs authorities to allocate a value to imported goods for the purpose of striking the correct import duty. The WTO Agreement on Implementation of Article VII [customs valuation] of the General […]

  • Customs Duties

    Customs duties in Global Commerce Policy In this regard, customs duties is: charges levied at the border on goods entering or, much less often, leaving the country. These charges are specified in the national tariff schedule. They are usually based on the value of the goods, known as ad […]

  • Transaction Value

    Transaction value in Global Commerce Policy In this regard, transaction value is: a method for valuing goods to be imported for the purpose of assessing the customs duties payable. The entries on trade policy in the Encyclopedia are here. Under the WTO Agreement on Implementation of Article […]

  • Current Domestic Value

    Current domestic value in Global Commerce Policy In this regard, current domestic value is: a method for valuing goods to be imported for the assessment of customs duties. The value of the goods for duty purposes is the price at which goods comparable with those imported are sold under fully […]

  • Current Domestic Value

    Current domestic value in Global Commerce Policy In this regard, current domestic value is: a method for valuing goods to be imported for the assessment of customs duties. The value of the goods for duty purposes is the price at which goods comparable with those imported are sold under fully […]

  • Agreement On Customs Valuation

    Agreement on Customs Valuation in Global Commerce Policy In this regard, agreement on customs valuation is: formally the Agreement on Implementation of Article VII of the General Agreement on Tariffs and Trade 1994. The entries on trade policy are here. It sets out a system of […]

  • Brussels Definition Of Value

    Brussels Definition of Value in Global Commerce Policy In this regard, brussels definition of value is: BDV. The entries on trade policy are here. A standard for valuing goods at the border to fix the customs duties to be paid. The entries on trade policy are here. It was developed under the […]

  • Computed Value

    Computed value in Global Commerce Policy In this regard, computed value is: one of the methods for customs valuation permitted by the WTO Agreement on Implementation of Article VII of the General Agreement on Tariffs and Trade (the Customs Valuation Agreement) if no reliable price information […]

  • Qualifying Value Content

    Qualifying value content in Global Commerce Policy In this regard, a definition of this issue is as follows: used in some free-trade agreements to denote the point at which a product is considered to be the product of another party, and therefore eligible for preferential customs treatment. […]

  • Customs Duty

    Customs duty in Law EnforcementMain Entry: Law Enforcement in the Legal Dictionary. This section provides, in the context of Law Enforcement, a partial definition of customs duty.ResourcesSee AlsoLaw Enforcement Officer Policeman Law Enforcement Agency Further Reading customs duty in A […]

  • Particular Customs

    Such as, for the most part, affect only the inhabitants of particular districts; a local or special custom, 1 Bl. Com. 167….

  • General Customs

    The universal rule of the whole kingdom, forming the common law, in its stricter and more usual signification….

  • Collector Of The Customs

    An officer of the United States, appointed for the term of four years, but removable at the pleasure of the president. Act May 15, 1820, § 1; 3 Story, U.S. Laws, 1790. The duties of a collector of the customs are to receive the entries of all ships or vessels, and of the goods, […]