Social Sciences, asked by aswany365, 1 year ago

Definition and meaning of customs value under customs act

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Answered by shraiykhaddar05
0

Answer: Definition: Customs Duty is a tax imposed on imports and exports of goods. Description: The rates of customs duties are either specific or on ad valorem basis, that is, it is based on the value of goods.

Explanation:

Answered by ziyan13
0

Defination : Customs duty is a tax imposed on imports and exports of goods.

Description : The rates of customs duties are either specific or on ad valorem basis, that is, it is based on the values of goods

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