Question

what is custom duties define the answer in short form.

Answer 1

hey mate !!

here is u r answer !!

______________________________

custom duties :--

as per the constitutional provisions the central government imposes import duty and export duty both.import and export duties are not only sources of income but with the help of it the central government regulates the foreign trade.

________________________________

i hope help u.

____________

Answer 2

heya!!


here is your answer⤵️⤵️

The rate of customs duties on goods is called custom duty


It is also known as custom valuation.

It is import duty of people.

hope my answer helps you