0
so that inferior,cheap ,low quality products and services are not brought from Another Country to collapse the domestic market.
Add your answer:
Earn +20 pts
What are principle of clearing and forwarding?
The principles of clearing and forwarding refers to how an import or export company clears merchandise through customs and pays the required duty or fees that are owed.
What is difference between tax and duty?
Tax is a broad term & duty is a part of tax.......Tax levied on person, product, services & assets for example-INCOME TAX levied on person,VAT levied on sale of products,SERVICE TAX levied on providing taxable services, WEALTH TAX levied on assets..........Genrally DUTY levieble on goods for example-EXICE DUTY levieble on manufaturing of goods, CUSTOM DUTY levieble on import & exports of goods...........................Sachin gupta from jhalawar (RAJASTHAN)
Is the market for duty free shopping a natural monopoly?
The market for duty-free shopping is not a natural monopoly. Duty-free shops sell products to travelers who take them out of the country. Natural monopoly only occurs if there is a high cost of starting a business in a particular industry.
What are the processes involved in importing goods from another country?
You have to identify the goods you want as well as reliable supplier. After you agree on a price, you will have the goods shipped into the country. You might have to pay duty for the goods.
Would stamp duty required or not on bill of exchange of 120 days in inland letter of credit?
The stamp duty can be different in each country. If you are unsure of the cost or of the proper way of dealing with it, it is best to visit your post office for assistance.
A tax on product being brought into country?
import duty
How much does it cost to import diamonds from Africa?
Your answer depends on the quantity of diamonds you want to import, the country in Africa from which you want to import the stones, the country into which you want to import the stones and the duty regulations involved.
What is a tax on good coming from another country?
An import, duty or excise tax
What is meant by the term import tax?
The term import tax or import duty is the amount that a countries authorities charge to import or export certain goods into or out of the country. This cost ranges based on the value of the item and the type of value.
What term is as a tax on an import?
Import duty is technically defined as a tax on an import
What term is defined as a tax on an import-?
Import duty is technically defined as a tax on an import
What is cutom duty on laptop to import in Pakistan?
what is the custom duty in pakistan for import of used laptop only one from china
How much duty should you pay on power tools imported from the US?
That depends on where they are imported TO, as that is the country imposing the import fee.
How many cigars can I bring into the us from Nicaragua?
Yes , Mexico has no restrictions on cigars unless you bring cigars in-bulk into the country then import fees and taxes apply .
What is the custom duty to import LED light from China to Nepal?
The custom duty to import LED light from China to Nepal is 5%.
What term is defined as a tax on imports?
Import duty is technically defined as a tax on an import
What is the import duty on jeans in India?
35 $
